Form 4: P10, Inc. CFO Amanda Coussens Reports Stock Option and RSU Grants

Amanda Coussens, CFO of P10, Inc., reports the grant of stock options and restricted stock units (RSUs) on March 4, 2024.

Summary

• On March 4, 2024, Amanda Coussens, the CFO & Chief Compliance Officer of P10, Inc., was granted 20,000 employee stock options with an exercise price of $7.99.
• These options vest ratably over four years, starting on the second anniversary of the grant date, contingent upon continuous service.
• Coussens also received 76,972 restricted stock units (RSUs) on the same date.
• These RSUs will vest on the first anniversary of the grant date, also contingent upon continuous service.
• Each RSU represents the right to receive one share of P10, Inc.'s Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The equity grants are a standard practice and indicate confidence in the executive's continued contribution to the company.

Positives

• The grant of stock options and RSUs aligns the CFO's interests with those of the shareholders, incentivizing her to contribute to the company's long-term success.
• The vesting schedules encourage continued service with the company.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedules of the granted equity.

Industry Context

Equity grants are a common practice in the financial industry to attract, retain, and incentivize key executives.

Comparison to Industry Standards

• Equity compensation packages for CFOs in similar asset management firms typically include a mix of stock options and restricted stock units.
• Vesting schedules are generally structured to align with long-term performance and retention goals, often spanning three to five years for options and one to three years for RSUs.
• The specific terms of Coussens' grant would need to be compared against peer companies like Apollo Global Management, The Carlyle Group, or Blackstone to assess its competitiveness.

Stakeholder Impact

• Shareholders may view the equity grants positively as they align management's interests with the company's long-term performance.
• Employees may see the grants as a sign of the company's commitment to its leadership team.

Key Dates