secwatch.observer — SEC 8-K summary
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Issuer:     Performance Food Group Co (PFGC)
CIK:        0001618673
Form:       8-K/A
Filed at:   2022-08-29T23:59:59+00:00
Accession:  0000950170-22-017857
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

PFGC discloses new CFO Patrick Hatcher's comp: $550k base, $500k equity grant, $1.1M LTI target
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- Patrick Hatcher appointed EVP/CFO effective Jan 1, 2023; base salary raised to $550,000 (effective Oct 1, 2022).
- FY2023 annual cash incentive target is 100% of base salary; annual long-term incentive equity target is $1,100,000.
- Approved one-time $500,000 equity grant (60% performance shares based on Relative TSR, 40% time-based RSUs vesting in 3 years).
- Performance shares measured over 1-yr (25%), 2-yr (25%), and 3-yr (50%) periods relative to Russell 1000 TSR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618673/000095017022017857/0000950170-22-017857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618673/000095017022017857/pfgc-20220809.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-017857

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