other material
confidence high
sentiment neutral
materiality 0.25
Resideo grants $5M special RSUs to ADI President Robert Aarnes
RESIDEO TECHNOLOGIES, INC.
- Special RSU award of $5 million granted to Robert Aarnes, President of ADI Global Distribution.
- Award vests 50% on third anniversary and 50% on fourth anniversary of grant date.
- Unlike standard RSUs, award does not provide for continued vesting upon retirement.
- Grant approved by Compensation Committee under 2018 Stock Incentive Plan.