Yext Board Approves Long-Term Performance Equity Award For CEO
Yext's board approved a long-term performance equity package for CEO Michael Walrath covering stock options on up to 11,000,000 shares at a $7 strike price. Tranches vest only if stock price targets between $21 and $88.08 are achieved and maintained, alongside continuous service requirements, and the award remains subject to stockholder approval.
Key figures
- Strike price
- 7
- Highest target
- 88.08
- Options shares
- 11000000
- Vesting price targets
- $21 to $88.08
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.