secwatch.observer — SEC 8-K summary
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Issuer:     VIAVI SOLUTIONS INC. (VIAV)
CIK:        0000912093
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0000912093-22-000030
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Viavi adopts FY2023 Executive Variable Pay Plan with semi-annual revenue, profit, bookings targets
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- CEO Oleg Khaykin and CFO Henk Derksen participate as Corporate Executives with 50% revenue / 50% profitability weighting.
- Payments range 0%-150% of target for revenue and profitability targets; bookings target capped at 250%.
- Paul McNab (NSE Exec), Luke Scrivanich (OSP Exec), Gary Staley (NSE Sales Exec) have segment-specific weightings.
- Plan measured semi-annually against the annual operating plan for each target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912093/000091209322000030/0000912093-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912093/000091209322000030/viav-20220518.htm
  HTML page:      https://secwatch.observer/filing/0000912093-22-000030

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