other material
confidence high
sentiment neutral
materiality 0.50
Grindr grants 400,000 RSUs to CPO AJ Balance; includes $5B market cap performance target
Grindr Inc.
- Time-based RSU for 200,000 shares vests entirely on Nov 11, 2028, subject to continuous service.
- Performance-based RSU for 200,000 shares granted if 90-day avg market cap exceeds $5 billion.
- Both awards accelerate upon qualifying termination or change-in-control meeting thresholds.
- Incentives designed to retain Balance over long term and align with shareholder value creation.