GSI Technology adopts 2027 variable cash bonus plan with CEO target bonus of $275,000
GSI Technology, Inc. GSIT | 0.00 |
- GSI Technology adopted a 2027 Variable Compensation Plan covering the fiscal year ending March 31, 2027.
- Target cash bonus set at $275,000 for President, CEO, Chairman Lee-Lean Shu; $137,500 for each other executive officer.
- Payouts tied to performance criteria based on SRAM net revenue, APU net revenue, or APU R&D funding offsets.
- Bonuses can reach up to 2x target if performance goals are exceeded; payouts adjust versus overall net revenue, APU targets.
- Vesting schedule: 60% payable late April 2027; remaining 40% split into 20% installments in late April 2028, 2029.
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