secwatch.observer — SEC 8-K summary
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Issuer:     EQUITY LIFESTYLE PROPERTIES INC (ELS)
CIK:        0000895417
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0000895417-23-000005
Event type: dividend
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Equity Lifestyle declares Q1 dividend $0.4475/share; approves 2023 executive bonus plan
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- Q1 2023 dividend of $0.4475 per common share ($1.79 annualized); payable April 14 to holders of record March 31.
- CEO Marguerite Nader bonus potential set at 290% of annual salary; other named executives at 220%.
- 70% of bonus tied to operational targets (rental income, NOI, expense control); 30% discretionary.
- If operational targets are exceeded, total bonus pool may increase by up to $563,416 shared among eligible executives.
- Bonus payments in cash after year-end 2023 upon Compensation Committee approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895417/000089541723000005/0000895417-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895417/000089541723000005/els-20230206.htm
  HTML page:      https://secwatch.observer/filing/0000895417-23-000005

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