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Equity awards for staff staying with the Target

Company: Nebius

Subject kind
personnel
Statement date
2024-05-22
Current status
stated

The claim, verbatim

Under amended equity incentive arrangements, participants remaining with the Target will generally receive Target securities on exercise or settlement of outstanding awards, and their unvested awards will lapse.

Source (primary)

nebius 8-K exhibit (tmb-20240523xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗

Quote: “participants who remain with the Target will, upon future exercise or settlement of outstanding awards, generally receive securities in the Target, rather than in YNV. Unvested awards held by such participants will lapse.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms nebius 8-K exhibit (tmb-20240523xex99d1.htm)

Quote: “participants who remain with the Target will, upon future exercise or settlement of outstanding awards, generally receive securities in the Target, rather than in YNV. Unvested awards held by such participants will lapse.”

View cached copy (2026-11-05)Live source ↗