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Lifestance Health Group (LFST) has shared an update.
Danish Qureshi’s tenure as President and COO of LifeStance Health Group ended on June 30, 2024, leading to a separation agreement that includes an 18-month salary continuation and potential vesting of his restricted stock and stock options. If a change in control at LifeStance occurs within 24 months post-separation, certain equity awards may vest as per company policy. Additionally, vested stock options will remain exercisable for 27 months post-separation, and there are transfer restrictions on Qureshi’s company equity for a year following his departure.
See more insights into LFST stock on TipRanks’ Stock Analysis page.