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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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How to fill out perance-based restricted share units

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How to fill out performance-based restricted share units

01
Understand the criteria for earning performance-based restricted share units.
02
Keep track of your performance metrics throughout the vesting period.
03
Complete any required performance evaluations or documentation as outlined in the share unit agreement.
04
Wait for the vesting period to expire before receiving your shares.
05
Consult with HR or a financial advisor if you have any questions or concerns about the process.

Who needs performance-based restricted share units?

01
Executives and employees in leadership positions who want to align their compensation with company performance.
02
Companies looking to incentivize key employees to meet specific performance targets.

What is Perance-based restricted share units Form?

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Performance-based restricted share units (PBRSUs) are a type of equity compensation awarded to employees that vest based on the achievement of specific performance goals over a given period.
Companies that grant performance-based restricted share units to their employees, particularly publicly traded companies, are required to file disclosures related to these units with the appropriate regulatory agencies.
To fill out performance-based restricted share units, the company must establish a performance criteria, determine the number of units to be awarded, specify the vesting period, and complete the necessary documentation for compliance with regulatory reporting.
The purpose of performance-based restricted share units is to align the interests of employees with that of shareholders by incentivizing employees to meet specific performance metrics, ultimately driving company growth and profitability.
Companies must report information such as the number of units granted, performance criteria, vesting schedule, and any changes in the status of the units on their financial statements and with regulatory bodies.
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