Grant ScheduleEquity Incentive Plan • December 3rd, 2020 • Five Below, Inc • Retail-variety stores • Pennsylvania
Grantee’s name: [∙] Grant Date: [∙] 1.Number of Restricted Stock Units granted: [∙] 2. Target Number of Restricted Stock Units: [∙] 3. Vesting Date:PERFORMANCE VESTED UNITS: Except as specifically provided below, as set forth in the Grantee’s employment agreement or as otherwise determined by the Committee, subject to Grantee’s continued employment, as of [∙], the Restricted Stock Units (the “Performance Units”) will vest, if at all, based on the Company’s Performance (as defined below) as follows: The Performance Units shall become Earned (as defined below) based upon the Company’s [∙] (“Performance”) over each applicable Performance Period (as defined below), as follows: [∙] For any applicable Performance Period above, the Compensation Committee will interpolate proportionately to determine the Performance Units which become Earned based on the level of the Company’s Performance between the threshold and underperformance, between underperformance and the target, between the target a
