secwatch.observer — SEC 8-K summary
======================================

Issuer:     SS&C Technologies Holdings Inc (SSNC)
CIK:        0001402436
Form:       8-K
Filed at:   2022-10-18T23:59:59+00:00
Accession:  0000950170-22-019669
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

SS&C Technologies redesigns executive compensation program effective 2022
-------------------------------------------------------------------------

- Compensation Committee approved new formulaic annual cash bonus based on four equally-weighted financial metrics: total revenue, organic revenue growth, operating cash flow, and adjusted EBITDA.
- Long-term incentive program changed: 50% PSUs (based on EPS growth and TSR modifier), 25% time-based stock options, 25% RSUs.
- CEO William Stone base salary set at $1,000,000 with target bonus $5,000,000; COO Rahul Kanwar $800,000/$4,000,000; CFO Patrick Pedonti $500,000/$1,500,000; CLO Jason White $500,000/$1,000,000.
- Annual bonus payouts range 50%-250% of target; no payout if any metric below threshold; strategic KPI modifier can adjust by +/-25%.
- PSUs may be earned 0%-200% based on three-year average EPS growth rate, subject to relative TSR modifier of +/-20% (30th-80th percentile).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402436/000095017022019669/0000950170-22-019669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402436/000095017022019669/ssnc-20221012.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-019669

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