APX 0.75% $2.01 appen limited

safe to say the CEO will not be getting any short term or long...

  1. drg
    3,715 Posts.
    lightbulb Created with Sketch. 649
    safe to say the CEO will not be getting any short term or long term incentives... from memory he needs to get the SP back to around $6 in 2 years (3 years from when he signed on, which since the share price has dropped more than 50%) to get his big pay day... ain't going to happen. To think things were looking promising there for about 2 weeks on May... now we have the Nasdaq crapping itself... the perfect storm continues.

    STI - Target STI of 100% of Base Salary, with a stretch opportunity of 150% of Base Salary in the 2023 financial year. The 2023 STI will be subject to the achievement of financial and non-financial performance measures, including revenue, earnings before interest, taxes, depreciation, and amortisation (“EBITDA”), customer net promoter score and employee engagement metrics. STI outcome is delivered 75% in cash and 25% in deferred equity, which vests over 12 months subject to continued service.

    LTI - One-off LTI equity grant valued at US$5,000,000, which vests over a three-year performance period subject to the Company’s absolute total shareholder return (“Absolute TSR”) performance.The 2023 LTI will commence vesting at threshold performance (50%) when the Company’s Absolute TSR is equal to or greater than 190%, with full vesting at target performance when Absolute TSR is equal to or greater than 320% at the end of the performance period. The 2023 LTI will vest on a straight-line basis between threshold and target performance. Mr. Ahmad will not be eligible for further LTI grants until after 31 December 2025 (being the end of the three-year performance period for the 2023 LTI).
 
watchlist Created with Sketch. Add APX (ASX) to my watchlist
(20min delay)
Last
$2.01
Change
0.015(0.75%)
Mkt cap ! $508.3M
Open High Low Value Volume
$2.02 $2.04 $1.94 $11.97M 6.024M

Buyers (Bids)

No. Vol. Price($)
1 18754 $2.01
 

Sellers (Offers)

Price($) Vol. No.
$2.02 49442 1
View Market Depth
Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
APX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.