secwatch.observer — SEC 8-K summary
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Issuer:     TELEDYNE TECHNOLOGIES INC (TDY)
CIK:        0001094285
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001094285-22-000010
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Teledyne reports 2021 AIP bonuses and sets 2022-2024 equity awards for NEOs
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- CEO Robert Mehrabian received $1,884,600 AIP bonus for 2021; other NEOs earned $1,021,800 to $458,500.
- 2022 AIP targets set at 150% of base salary for CEO, 80% for CFO and Vice Chairman, 75% for General Counsel.
- 2022-2024 restricted stock awards: CEO at 160% of base salary; other NEOs at 45% each; performance tied to S&P 500.
- CEO granted special one-time restricted stock award of 7,017 shares under same terms as program.
- 2022-2024 performance plan targets: 40% operating profit, 30% revenue, 30% return to shareholders; S&P 500 benchmark.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1094285/000109428522000010/0001094285-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1094285/000109428522000010/tdy-20220125.htm
  HTML page:      https://secwatch.observer/filing/0001094285-22-000010

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