secwatch.observer — SEC 8-K summary
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Issuer:     VERRA MOBILITY Corp (VRRM)
CIK:        0001682745
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0000950170-23-003133
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verra Mobility updates equity grant docs with double trigger CIC vesting; amends bonus plan eligibility
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- Compensation Committee approved new RSU, stock option, and performance share unit forms with double trigger change-in-control vesting.
- Second Amended and Restated Short-Term Incentive Plan effective Jan 1, 2023, replaces the prior plan.
- Bonus Plan now requires employment as of October 1 of plan year for award eligibility; clarifies partial year and organizational changes.
- Updated grant documentation and Bonus Plan are filed as Exhibits 10.1 through 10.7.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682745/000095017023003133/0000950170-23-003133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682745/000095017023003133/vrrm-20230215.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-003133

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