Fossil Group, Inc.
For the period ended Jun 21, 2024. Filed May 10, 2024.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 21, 2024 · Filed May 10, 2024
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Contents
Equity Compensation Plan Information
PROPOSAL 3: APPROVAL OF THE FOSSIL GROUP, INC.
On April 29, 2024, our board of directors adopted the Fossil Group, Inc. 2024 Long-Term Incentive Plan (the “2024 Plan”), subject to stockholder approval, to be effective as of the date the 2024 Plan is approved by our stockholders (the “Effective Date”). The 2024 Plan replaces and supersedes the Fossil Group, Inc. 2016 Long-Term Incentive Plan, as amended (the “Prior Plan”) in its entirety. The Prior Plan shall terminate on the Effective Date, and no future awards may be granted thereunder after the Effective Date, provided that the Prior Plan shall continue to apply to awards granted under the Prior Plan prior to the Effective Date. We believe that operation of
the 2024 Plan is important in attracting and retaining the services of key employees, key contractors, and outside directors of Fossil Group, Inc. (the “Company”) and our subsidiaries in a competitive labor market, which is essential to our long-term growth and success. It is the judgment of our board of directors that the 2024 Plan is in the best interests of the Company and its stockholders.
The board of directors recommends that the stockholders vote “FOR” the approval of the 2024 Plan.
| | The Board of Directors recommends that the stockholders vote “FOR” the approval of the 2024 Plan. | |
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EQUITY COMPENSATION PLAN INFORMATION
The following table provides certain information as of December 31, 2023 with respect to our equity compensation plans under which our equity securities are authorized for issuance:
| · · PLAN CATEGORY · · · · (A) NUMBER OF SECURITIES TO BE ISSUED UPON EXERCISE OF OUTSTANDING OPTIONS, WARRANTS AND RIGHTS (1) · · · · (B) WEIGHTED-AVERAGE EXERCISE PRICE OF OUTSTANDING OPTIONS, WARRANTS AND RIGHTS · · · · (C) NUMBER OF SECURITIES REMAINING AVAILABLE FOR FUTURE ISSUANCE UNDER EQUITY COMPENSATION PLANS (EXCLUDING SECURITIES REFLECTED IN COLUMN (A)) · · | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Equity compensation plans approved by security holders | | | | | | 1,917,156 | | | | | | $47.99 (2) | | | | | | | 2,148,307 | | | |
| | | Equity compensation plans not approved by security holders | | | | Not applicable | | | | Not applicable | | | | Not applicable | | | ||||||||
| | | Total | | | | | | 1,917,156 | | | | | | $47.99 | | | | | | | 2,148,307 | | | |
| | 40 | | | WWW.FOSSILGROUP.COM | |
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