EX-10.1
from 8-K
2 pages
● Rsus. Vesting of the Rsus Will Occur in Three Equal Installments on the First, Second and Third Anniversaries of the Grant Date Provided You Are Employed by Vista Outdoor Through the Applicable Vesting Date. the Grant Date Target Value of the Rsu Award Is $856,000 (40% of the Total Value of Your Incremental Lti Award). You Will Be Issued 29,165 Rsus, Which Was Determined by Dividing $856,000 by the Closing Price of a Share of Vista Outdoor’s Common Stock on September 1, 2023 ($29.35). O as a Part of Your Annual Lti Grant You Were Issued Rsus on March 31, 2023, Which Was Determined by the Grant of 38,397 Rsus Multiplied by the Closing Price of $27.71 a Share of Vista Outdoor’s Common Stock on March 31, 2023. ● Performance Shares. the Performance Shares Will Vest, if at All, After a Three-Year Performance Period (April 1, 2023 Through March 31, 2026), Provided You Are Employed by Vista Outdoor Through the Applicable Vesting Date, With the Amount Vesting Based on Actual Achievement Relative to the Performance Criteria (50% EPS Growth, 50% Net Sales Growth, and Relative Total Shareholder Return Will Be a Modifier) and Other Factors Approved by the MDCC. the Grant Date Value of the Performance Share Award Is $1,284,000 (60% of the Total Value of Your Incremental Lti Award). You Will Be Issued 43,747 Performance Shares (At Target), Which Was Determined by Dividing $1,284,000 by the Closing Price of a Share of Vista Outdoor’s Common Stock on September 1, 2023 ($29.35). Depending on Company Performance Over the Performance Period, You Can Vest in 0% to 200% of the Performance Shares Awarded. O as a Part of Your Annual Lti Grant You Were Issued Performance Shares on May 1, 2023, Which Was Determined by the Grant of 57,596 Performance Shares (At Target) Multiplied by the Closing Price of $27.71 a Share of Vista Outdoor’s Common Stock on March 31, 2023
12/34/56
