Traeger accelerates CEO Jeremy Andrus's equity vesting for tax planning with clawback provisions

Traeger, Inc.

Accelerated vesting of 2,027,456 time-based RSUs and 518,864 performance-based PSUs for CEO Jeremy Andrus, effective Aug 31, 2022.
Mr. Andrus must pay withholding taxes in cash/check instead of selling shares, preserving share count.
Clawback: if Mr. Andrus terminates before original vesting dates, he must forfeit shares or pay equivalent value plus gains if sold.
Shares remain subject to post-vesting transfer restrictions from original award agreements.
Change in control or qualifying termination still triggers full acceleration under original agreements.

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