Id | Content |
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F1 | Each restricted stock unit represents a contingent right to receive one share of ETWO common stock. |
F2 | The restricted stock units vest in four equal annual installments beginning May 21, 2023. The restricted stock units were initially granted May 21, 2022 subject to achieving a fiscal year 2023 organic revenue growth, net bookings and adjusted EBITDA metric. On April 10, 2023, the Compensation Committee determined that 22.9% of the original collective targets had been achieved resulting in the issuance of a below-target number of restricted stock units. |
F3 | The options were initially granted May 13, 2022 subject to achieving a fiscal year 2023 organic revenue growth, net bookings and adjusted EBITDA metric. On April 10, 2023, the Compensation Committee determined that 22.9% of the original collective targets had been achieved resulting in the issuance of a below-target number of options. The options vest in four installments on May 13, 2023, 2024, 2025 and 2026. |