Perimeter Solutions amends stock option performance targets and revises 2023 annual incentive program

Perimeter Solutions, Inc.

AOP growth targets adjusted from 13.5%/23.5% to 10%/20% minimum/maximum; cumulative vesting provision added.
Alternative vesting triggered if stock price exceeds 2x exercise price for 60 days in 12-month period starting third year.
2023 Annual Incentive: 75% based on EBITDA, 25% individual; Fire Safety segment EBITDA target may be adjusted for fire season severity.
Option exercise price and share count unchanged; changes effective May 8, 2023, approved by Board and Compensation Committee.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.