Valmont Industries (VMI) 8-KDeparture of Directors or Certain Officers

Filed: 22 Aug 24, 8:29am

Free signup for more

Track your favorite companies
Receive email alerts for new filings
Personalized dashboard of news and more
Access all data and search results

Search this filing

All

Tables only

Footnotes only

Pre-defined:

Table of contents

Filing tables

Export all tables to Excel

Filing exhibits

8-K Current report
99.1 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits
Download Excel data file
View Excel data file

VMI similar filings

28 Oct 24 Valmont Announces Appointment of Deborah Caplan to its Board of Directors
22 Oct 24 Results of Operations and Financial Condition
22 Aug 24 Departure of Directors or Certain Officers
24 Jul 24 Results of Operations and Financial Condition
12 Jun 24 Departure of Directors or Certain Officers
13 May 24 Departure of Directors or Certain Officers

Filing view

Default size S M L
Default font Times Arial

External links

View on EDGAR (sec.gov)

Share this filing

Exhibit 99.1

Thomas Liguori Compensation Package

Base Salary: $650,000 per year

Participation in Valmont’s 2024 Annual Incentive Plan (AIP) – Corporate Plan with a target of 80% of base salary (prorated for 2024) and capped at 2x bonus target.

Participation in the Long Term Performance Share (LTIP) Plans for 2023-2025 (prorated from start date) and 2024-2026 (prorated from start date) with a target value of 80% of base salary.

Participation in the stock element of Valmont’s long-term incentive plans, with eligibility for a grant in December 2024 with a target value of 160% of base salary. At the time of retirement, all unvested LTIP shares will be vested.

Participation in Valmont’s non-qualified deferred compensation plan, VERSP 401(k) plan, health and welfare benefit plans.

New Hire Equity Grant for Equity Replacement:

Award of $160,000 in restricted unit Stock Units as of the start date, with three-year tiered vesting (1/3 per year) using the standard Valmont agreement form.

Stock ownership guideline of 2.5x of Base Salary.

Full relocation package.

Resources

Knowledgebase
Log In
Register

Company

About
Contact
Solutions

Products

Deal Roadshow
DealVDR
Evercall
Finsight.com

CapEdge

Earnings Calendar
Earnings Transcripts
EDGAR Filing Screener
IPO Calendar

Compliance
Privacy
Security
Terms

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.