Arteris grants CFO Saurabh Sinha $4.7 million in inducement RSUs, PSUs
AIP•RSU grant details
- RSUs valued at $3.7 million covering 142,835 shares.
- The RSUs vest 25% after one year, then quarterly through Jan. 1, 2028.
Inducement equity awards for new CFO
Arteris granted CFO Saurabh Sinha inducement equity awards dated Sept. 8, 2026, with a target value of $4.7 million.
The package includes:
PSU grant details and performance conditions
- PSUs valued at $1 million cover a target 38,604 shares.
- The PSUs vest only if revenue reaches $200 million by Dec. 31, 2030.
- They also require a 15-day average closing share price of at least $65 by Dec. 31, 2031.
- The PSUs are forfeited upon a change in control if the goals are unmet; other unvested equity may accelerate on a qualifying termination.
