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Groupon (GRPN) CFO nets shares, receives PSU and RSU grants
Groupon CFO Kashyap Rana has exercised performance share units to acquire 77,625 common shares, with 35,973 shares withheld to cover tax obligations, which was not an open-market sale. He also received new equity awards comprising 63,870 performance share units (PSUs) and 63,870 restricted stock units (RSUs). These new units are contingent on multi-year performance hurdles and continued service, with PSUs vesting based on stock price and relative total shareholder return, and RSUs vesting in three annual tranches with a performance modifier.