other
confidence high
sentiment neutral
materiality 0.35
UHS sets 2023 bonus targets and awards long-term equity to executives
UNIVERSAL HEALTH SERVICES INC
- CEO Marc Miller target bonus 150% of salary; CFO Steve Filton 100%; EVPs Sim and Peterson 100% (25% corporate, 75% divisional).
- Stock options granted at $117.65/share, vesting over 4 years; performance-based RSUs tied to 3-year EBITDA growth (0-150% payout).
- Awards: Marc Miller gets 119,223 options and 42,024 PSUs; Alan Miller gets 62,696 options and 22,099 PSUs.
- Filton: 30,345 options, 10,696 PSUs; Sim: 10,000 PSUs only; Peterson: 24,928 options, 8,787 PSUs.
- Corporate performance criteria: adjusted net income per share and return on capital; divisional targets based on segment pre-tax income.