The latest update is out from BigCommerce Holdings (BIGC).
BigCommerce Holdings, Inc. has awarded its executives performance-based restricted stock units (RSUs) tied to the company’s financial and stock performance. Executives stand to gain between 0% to 200% of their target RSUs based on achievement levels of adjusted EBITDA, revenue, and total stockholder return over a three-year period. Vesting occurs annually and proportionally, contingent on the company meeting specific performance targets, with special provisions in place for terminations and changes in control. These grants aim to align executive compensation with shareholder interests and drive corporate growth.
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