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Plug Power | 8-K: Plug Power Announces That Its Compensation Committee Has Approved Retention Awards for Key Employees, Including Senior Executives

Plug Power | 8-K: Plug Power Announces That Its Compensation Committee Has Approved Retention Awards for Key Employees, Including Senior Executives

普拉格能源 | 8-K:普拉格能源宣佈薪酬委員會已批准對包括高管在內的關鍵員工保留獎勵
美股sec公告 ·  05/15 22:42
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On May 9, 2024, Plug Power Inc. announced that its Compensation Committee had approved retention awards for key employees, including top executives, to encourage their continued service during a pivotal time for the company. The recipients of the retention awards include Chief Financial Officer Paul B. Middleton, General Counsel Gerard L. Conway, Jr., and General Manager Jose Luis Crespo, each receiving a total award value of $440,000, split into 25% cash and 75% restricted stock. The restricted stock vests in increments over a year, starting from the date of issue. Additionally, the company entered into a Relocation and Retention Agreement with Sanjay K. Shrestha, General Manager and Chief Strategy Officer, on May 10, 2024. This agreement includes a one-time relocation payment of $575,000 and an equal retention payment, both contingent upon Shrestha's relocation to within 30 miles of the company's headquarters by December 31, 2024, and subject to repayment conditions based on the duration of his continued employment.
On May 9, 2024, Plug Power Inc. announced that its Compensation Committee had approved retention awards for key employees, including top executives, to encourage their continued service during a pivotal time for the company. The recipients of the retention awards include Chief Financial Officer Paul B. Middleton, General Counsel Gerard L. Conway, Jr., and General Manager Jose Luis Crespo, each receiving a total award value of $440,000, split into 25% cash and 75% restricted stock. The restricted stock vests in increments over a year, starting from the date of issue. Additionally, the company entered into a Relocation and Retention Agreement with Sanjay K. Shrestha, General Manager and Chief Strategy Officer, on May 10, 2024. This agreement includes a one-time relocation payment of $575,000 and an equal retention payment, both contingent upon Shrestha's relocation to within 30 miles of the company's headquarters by December 31, 2024, and subject to repayment conditions based on the duration of his continued employment.
2024年5月9日,Plug Power Inc.宣佈,其薪酬委員會已批准向包括高層管理人員在內的關鍵員工提供留用獎勵,以鼓勵他們在公司的關鍵時期繼續服務。留存獎勵的獲得者包括首席財務官保羅·米德爾頓、總法律顧問小杰拉德·康威和總經理何塞·路易斯·克雷斯波,他們每人獲得的獎勵總額爲44萬美元,分爲25%的現金和75%的限制性股票。自發行之日起,限制性股票在一年內逐步歸屬。此外,該公司於2024年5月10日與總經理兼首席戰略官桑傑·什雷斯塔簽訂了搬遷和留用協議。該協議包括57.5萬美元的一次性搬遷補助金和等額的留存金,兩者均以Shrestha在2024年12月31日之前搬遷到公司總部不到30英里爲前提,還款條件取決於其繼續工作的期限。
2024年5月9日,Plug Power Inc.宣佈,其薪酬委員會已批准向包括高層管理人員在內的關鍵員工提供留用獎勵,以鼓勵他們在公司的關鍵時期繼續服務。留存獎勵的獲得者包括首席財務官保羅·米德爾頓、總法律顧問小杰拉德·康威和總經理何塞·路易斯·克雷斯波,他們每人獲得的獎勵總額爲44萬美元,分爲25%的現金和75%的限制性股票。自發行之日起,限制性股票在一年內逐步歸屬。此外,該公司於2024年5月10日與總經理兼首席戰略官桑傑·什雷斯塔簽訂了搬遷和留用協議。該協議包括57.5萬美元的一次性搬遷補助金和等額的留存金,兩者均以Shrestha在2024年12月31日之前搬遷到公司總部不到30英里爲前提,還款條件取決於其繼續工作的期限。
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