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27 Jun

Stephanie Linnartz’s $11.3 Million Pay Day at Under Armour

by Beauty Tips
Fashion, Featured
Stephanie Linnartz’s .3 Million Pay Day at Under Armour
Under Armour Inc. has loads riding on Stephanie Linnartz’s Protect This House 3 plan to reinvigorate the corporate — and so does the newly appointed president and chief executive officer.  Linnartz, a former Marriott executive who moved into the corner office in late February, received stock awards valued at $11 million, in addition to a complete salary of $125,000 and a bonus of $175,000 for the fiscal yr ended March 31.  Stock awards, even unvested awards, are valued as of the grant date in corporate Proxy statements — so how much of the worth in those stock awards Linnartz ever sees will rely upon just how well Under Armour’s stock performs.  Shares of the corporate rose 1.5 percent to $6.74 on Tuesday, however...
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6 Apr

Stephen Curry Scores $75M Stock Grant from Under Armour

by Beauty Tips
Fashion, Featured
Stephen Curry Scores M Stock Grant from Under Armour
Stephen Curry has found his solution to considered one of the important thing perks of executive life — the stock grant.  Under Armour Inc. gave the recently named president of the Curry Brand — and point guard for the Golden State Warriors — restricted stock units for 8,823,530 shares of its Class C common stock.  The units were valued at $75 million once they were issued on Monday and were awarded to the WSC and AC Family Revocable Trust, where Curry is each a trustee and beneficiary.  Under Armour said the award was “partial consideration” for Curry’s recent deal, which has him continuing to function brand ambassador for the corporate while also heading up his signature product line.  The award vests in two equal...
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