FTC Solar granted CEO Yann Brandt 4M RSUs and 2.5M PSUs contingent on performance targets.
FTC Solar awarded an employee inducement grant to its CEO, Yann Brandt, in accordance with Nasdaq Listing Center requirements. This grant includes 4,000,000 restricted stock units (RSUs) vesting over 3 years and 2,500,000 performance-based restricted stock units (PSUs) vesting over 4 years, contingent on performance targets. The awards were approved by the company's board of directors and granted without shareholder approval under Nasdaq Stock Market Listing Rule 5635(c).
August 16, 2024
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