ESOPJul 2, 2026, 04:43 PM
Netlist Adopts 2026 Performance Equity Plan; Reserves 33.6M Shares
AI Summary
Netlist, Inc. adopted the 2026 Performance Equity Plan on July 1, 2026. This plan allows the company to grant stock options, restricted and unrestricted stock awards, and other stock-based awards to employees, consultants, and directors, including executive officers, as incentive compensation. The company reserved 33,600,000 shares of common stock for issuance under the plan, which was approved by the Board without stockholder approval.
Key Highlights
- Netlist adopted the 2026 Performance Equity Plan on July 1, 2026.
- The plan allows grants of stock options, restricted, and unrestricted stock awards.
- 33,600,000 shares of common stock were reserved for issuance under the plan.
- Awards are for employees, consultants, and directors, including executive officers.
- The plan was approved by the Board without stockholder approval.
Price Impact