secwatch.observer — SEC 8-K summary
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Issuer:     ARRAY DIGITAL INFRASTRUCTURE, INC. (AD)
CIK:        0000821130
Form:       8-K
Filed at:   2023-04-07T23:59:59+00:00
Accession:  0000821130-23-000022
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UScellular adopts 2023 Annual Incentive Plan for officers with company performance (80%) and individual (20%)
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- Company performance weighted 70% on financial metrics (Total Service Revenues 50%, Op Cash Flow 40%, CapEx 10%) plus 10% Chair Assessment.
- Metric payout ranges: min 50%, target 100%, max 200% for revenues and cash flow, 150% for capEx.
- Individual performance rating determines payout: FE 140-160%, EE 115-135%, ME 90-110%, PM/FM 0%.
- No bonus unless employed through payout date; pro-rated for retirement or death if age 55+ and 10+ years service.
- New hires hired before Sept 30 eligible for prorated award; incentive paid by March 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821130/000082113023000022/0000821130-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821130/000082113023000022/usm-20230404.htm
  HTML page:      https://secwatch.observer/filing/0000821130-23-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer