leadership
confidence high
sentiment neutral
materiality 0.50
NCS Multistage CFO Michael Morrison to receive $350K in long-term incentive awards
NCS Multistage Holdings, Inc.
- RSU grant of $87,500 and equivalent stock units of $87,500, vesting in three equal annual installments from grant anniversary.
- Performance stock units of $175,000 settle in Q1 2026 based on three-year performance achievement, with payout of 0-2 shares.
- Grants cover fiscal 2023 long-term incentive; units priced using 20-day VWAP before grant date.
- Compensation approved by board on Oct 25, 2022, with grant effective Nov 1, 2022.
- Awards are in addition to prior sign-on bonus disclosed in original 8-K for Morrison's CFO appointment.