secwatch.observer — SEC 8-K summary
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Issuer:     SS&C Technologies Holdings Inc (SSNC)
CIK:        0001402436
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0000950170-23-006750
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

SS&C grants $36.5M in 2023 LTI awards to NEOs under redesigned program
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- CEO Stone: $15M target; COO Kanwar: $12M; CFO Pedonti: $5M; CLO White: $4.5M.
- Awards: 50% PSUs (3-yr adjusted EPS growth), 25% RSUs, 25% stock options.
- PSUs include TSR modifier (up/down 20%) with no upward if absolute TSR negative.
- RSUs vest in equal annual installments over 3 years; stock options vest 25% on year 1, then monthly.
- Change-in-control: full vesting if terminated w/o cause or for good reason within 24 months post-CIC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402436/000095017023006750/0000950170-23-006750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402436/000095017023006750/ssnc-20230302.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-006750

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