Arteris Announces New Employment Inducement Grants
Arteris granted employment inducement equity awards to its new CFO Saurabh Sinha, effective with his September 8, 2026 start date, under the 2022 Employment Inducement Incentive Plan per Nasdaq Listing Rule 5635(c)(4). The package consists of RSUs with a target grant value of $3,700,000 covering 142,835 shares (25% vest on the first anniversary, remainder pro rata over 12 fiscal quarters beginning January 1, 2028) and PSUs with a target grant value of $1,000,000 covering a target 38,604 shares.
Key figures
- Grant date
- September 8, 2026
- Rsu vesting
- 25% on first anniversary, remainder pro rata over 12 fiscal quarters commencing January 1, 2028
- Psu price target
- 65
- Psu target value
- 1000000
- Rsu target value
- 3700000
- Psu target shares
- 38604
- Rsu target shares
- 142835
- Psu revenue hurdle
- 200000000
- Psu price target deadline
- December 31, 2031
- Psu revenue hurdle deadline
- December 31, 2030
AI analysis
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