leadership
confidence high
sentiment neutral
materiality 0.70
Mirion grants CEO Thomas Logan 2.5M performance stock options tied to relative TSR
Mirion Technologies, Inc.
- Target award of 2,500,000 performance-vesting stock options; maximum 3,750,000 shares at 150% target.
- Exercise price $20.14; options vest based on TSR vs. Russell 2000 (ex financials/insurance).
- Threshold payout at 60th percentile (50% of target); maximum at 90th percentile (150% of target).
- Two equal tranches: 3-year and 4-year performance periods; vested shares subject to a 1-year holding period.
- Grant is a one-time special award outside regular annual cycle; no further equity awards expected for duration.