Borr Drilling grants employees 1,461,750 RSUs under share award plan
BORR•RSUs and PSUs granted under share award plan
Borr Drilling granted 1,461,750 restricted stock units (RSUs), each convertible into one share.
A further 1,409,250 performance stock units (PSUs) were awarded, each convertible into one share.
The RSUs vest in three equal annual tranches starting Sept. 1, 2027, subject to continued employment.
The PSUs vest Sept. 1, 2029, subject to performance criteria, conditional on continued employment.
PDMRs received RSU and PSU grants under the program.
