Grindr amends CEO George Arison's employment contract; lowers $30M equity vesting market-cap target to $7.5B

Grindr Inc.

Involuntary termination now accelerates vesting of all time- and performance-based equity awards scheduled to vest within 12 months.
Second CEO market-cap threshold reduced from $10B to $7.5B; $30M fully vested RSU grant must be earned by Oct 19, 2027.
Definitions of Cause and Good Reason revised; adds board independence and remote-work protections for CEO.
Annual KPI awards updated with stock price multiplier and true-up mechanism; target value remains $1.5M per year.
Time-based RSU grant confirmed at $37.5M; performance threshold for $20M grant set at $5B market cap.

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