Lumentum Holdings Inc. announced inducement equity awards granted on April 15, 2025, to Michael Brooker, the company’s recently hired Chief Transformation Officer, and John Bagatelos, the new Senior Vice President, Sales. These grants are part of Lumentum's strategy to attract and retain key talent.
Mr. Brooker received restricted stock units (RSUs) covering 23,094 shares, vesting in two tranches over one year and subsequent quarters. He also received performance-based RSUs covering 23,094 shares, subject to performance achievement for the fiscal years 2025 to 2027.
Mr. Bagatelos was granted RSUs covering 23,094 shares, vesting over one year and subsequent twelve quarters, along with performance-based RSUs covering 23,094 shares for the same performance period. These awards are subject to their continued employment and are intended to align their contributions with Lumentum's strategic objectives in cloud/AI, networking, and industrial applications.
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