Id | Content |
---|---|
F1 | Represents a grant of Restricted Stock Units ("RSUs"), which will be settled in shares of the Issuer's common stock upon vesting. All of the RSUs will vest on April 1, 2024, subject to the Reporting Person's continued service to the Issuer. |
The RSUs represent a partial payout of awards in lieu of cash payments under the Issuer's 2023 Short-Term Incentive Plan (the "2023 STIP"). As the RSUs reflect awards that would otherwise be payable to the Reporting Person in immediately payable cash under the 2023 STIP, all of the RSUs will vest on April 1, 2024, subject to the Reporting Person's continued service to the Issuer.