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BRIEF-Brazil FinTech Nu Holdings Says Stock Compensation Program Will Represent Almost 100% Of CEO Velez's Compensation In Next 5 Years

reuters.com · 05/02/2022 06:08
BRIEF-Brazil FinTech Nu Holdings Says Stock Compensation Program Will Represent Almost 100% Of CEO Velez's Compensation In Next 5 Years

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  • BRAZIL FINTECH NU HOLDINGS SAYS 84% OF TOTAL 804.4 MILLION REAIS COMPENSATION EXPECTED FOR EXECUTIVE OFFICERS IN 2022 WILL COME FROM STOCK COMPENSATION PROGRAM -FILING

  • BRAZIL FINTECH NU HOLDINGS SAYS STOCK COMPENSATION PROGRAM WILL REPRESENT ALMOST 100% OF CEO VELEZ'S COMPENSATION IN NEXT 5 YEARS

  • BRAZIL'S NU HOLDINGS SAYS IF ITS SHARES DO NOT REACH CERTAIN THRESHOLDS, CEO VELEZ COMPENSATION WOULD BE ZERO IN 5-YEAR PERIOD

  • BRAZIL'S NU HOLDINGS SAYS STOCK COMPENSATION PLAN SETS AMBITIOUS TARGETS THAT REFLECT LEVELS OF MARKET CAPITALIZATION ATTRACTIVE TO ITS SHAREHOLDERS

Source text for Eikon: ID:nNDL8KlkJn

Further company coverage: NU.N


(Reporting by Gabriel Araujo)

((Gabriel.Araujo2@thomsonreuters.com;))