other material
confidence high
sentiment neutral
materiality 0.30
a.k.a. Brands grants 150,000 PSUs to Interim CEO/CFO Ciaran Long with price targets from $15 to $120
A.K.A. BRANDS HOLDING CORP.
- Grant of 150,000 performance-based RSUs to Ciaran Long (Interim CEO and CFO) under 2021 Omnibus Incentive Plan.
- PSUs vest in 10 tranches based on stock price targets ranging from $15 to $120 per share.
- Vesting period ends May 15, 2029, or earlier upon Change of Control; price must be met over 30 consecutive trading days.
- If a price target is achieved before April 1, 2025, vesting date is April 1, 2025.
- No change in guidance or financial results; compensation arrangement only.