Dave & Buster's Grants Executives New Performance-Based Equity Awards
Dave & Buster's Entertainment Inc. has announced a new one-time equity grant for executive officers Darin Harper, Tony Wehner, and Antonio Bautista under its 2025 Omnibus Incentive Plan. The awards replace earlier performance stock unit grants and include two types of performance stock units (PSUs) and two stock option grants. Each executive will receive 11,013 PSUs tied to achieving at least 3% same store sales growth for four consecutive quarters, as well as another 11,013 PSUs based on meeting targets for 2027 Adjusted EBITDA and average same store sales growth, with adjustments based on relative shareholder return. Stock option grants will vest if the company's share price meets specified multiples of the CEO's grant strike price by February 1, 2028, with further vesting contingent on sustained share price performance.
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