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Sirius XM | 8-K: Current report

Sirius XM | 8-K: Current report

Sirius XM | 8-K:重大事件
美股sec公告 ·  04/18 08:31
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Sirius XM Holdings Inc. has announced the signing of a new Employment Agreement with Scott A. Greenstein, who will continue his role as President and Chief Content Officer of subsidiary Sirius XM Radio Inc. The agreement, effective May 25, 2024, extends Greenstein's term until May 24, 2027. The new contract includes an increase in Greenstein's annual base salary to $1.7 million, with an annual target bonus of twice his base salary. Additionally, the agreement outlines severance benefits, including health and life insurance continuation for eighteen months and a lump sum payment, under certain qualifying terminations. The agreement also includes equity incentives in the form of stock options and restricted stock units (RSUs), both time-based and performance-based, with vesting schedules and performance targets detailed. The terms of the agreement are consistent with those offered to other executive officers and are subject to standard confidentiality, non-competition, and clawback provisions.
Sirius XM Holdings Inc. has announced the signing of a new Employment Agreement with Scott A. Greenstein, who will continue his role as President and Chief Content Officer of subsidiary Sirius XM Radio Inc. The agreement, effective May 25, 2024, extends Greenstein's term until May 24, 2027. The new contract includes an increase in Greenstein's annual base salary to $1.7 million, with an annual target bonus of twice his base salary. Additionally, the agreement outlines severance benefits, including health and life insurance continuation for eighteen months and a lump sum payment, under certain qualifying terminations. The agreement also includes equity incentives in the form of stock options and restricted stock units (RSUs), both time-based and performance-based, with vesting schedules and performance targets detailed. The terms of the agreement are consistent with those offered to other executive officers and are subject to standard confidentiality, non-competition, and clawback provisions.
Sirius XM Holdings Inc.宣佈與斯科特·格林斯坦簽署新的僱傭協議,後者將繼續擔任子公司Sirius XM Radio Inc.的總裁兼首席內容官。該協議自2024年5月25日起生效,將格林斯坦的任期延長至2027年5月24日。新合同包括將格林斯坦的年基本工資提高到170萬美元,年度目標獎金是其基本工資的兩倍。此外,該協議還概述了遣散費,包括健康和人壽保險延續十八個月,以及在某些符合條件的解僱時一次性付款。該協議還包括股票期權和限制性股票單位(RSU)形式的股權激勵,包括基於時間和績效的股權激勵,並詳細說明了歸屬時間表和績效目標。該協議的條款與提供給其他執行官的條款一致,並受標準的保密、不競爭和回扣條款的約束。
Sirius XM Holdings Inc.宣佈與斯科特·格林斯坦簽署新的僱傭協議,後者將繼續擔任子公司Sirius XM Radio Inc.的總裁兼首席內容官。該協議自2024年5月25日起生效,將格林斯坦的任期延長至2027年5月24日。新合同包括將格林斯坦的年基本工資提高到170萬美元,年度目標獎金是其基本工資的兩倍。此外,該協議還概述了遣散費,包括健康和人壽保險延續十八個月,以及在某些符合條件的解僱時一次性付款。該協議還包括股票期權和限制性股票單位(RSU)形式的股權激勵,包括基於時間和績效的股權激勵,並詳細說明了歸屬時間表和績效目標。該協議的條款與提供給其他執行官的條款一致,並受標準的保密、不競爭和回扣條款的約束。
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