other material
confidence high
sentiment neutral
materiality 0.40
Spok Holdings approves $575K in retention bonuses for two officers tied to change in control
Spok Holdings, Inc
- CFO/COO Michael Wallace receives $400,000 retention bonus; Corporate Secretary/Treasurer Sharon Woods Keisling receives $175,000.
- Bonuses payable in single lump sum upon consummation of a sale or change in control by May 1, 2022.
- Payment subject to continued employment through closing; program follows strategic alternatives review announced Sept 3, 2021.