Id | Content |
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F1 | Each restricted stock unit represents a contingent right to receive one share of MLKN common stock. |
F2 | The restricted stock units are subject to a three-year vest schedule, vesting 33% at year one, 33% at year two, and 34% at year three. Vesting for each tranche occurs on July 22nd of each respective year. |
F3 | These restricted stock units were granted due to the executive electing to receive their fiscal 2024 annual incentive bonus in the form of RSUs under the Companys Long-term Incentive Plan, instead of a cash bonus under the Companys Annual Incentive Plan. The restricted stock units will cliff vest on July 22, 2025. |