secwatch.observer — SEC 8-K summary
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Issuer:     SL GREEN REALTY CORP (SLG)
CIK:        0001040971
Form:       8-K
Filed at:   2022-01-05T23:59:59+00:00
Accession:  0001104659-22-001549
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SL Green extends CEO Marc Holliday's contract through Jan 2025; new base salary $1.25M
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- CEO Marc Holliday extended for 3 years (Jan 2022 to Jan 2025); base salary $1.25M, target time-based LTIP at least $4.5M annually.
- President Andrew Mathias extended for 2 years (Jan 2022 to Dec 2023); base salary $950k, target time-based LTIP at least $3.5M annually.
- General Counsel Andrew Levine extended for 3 years (Jan 2022 to Jan 2025); base salary $580k, target time-based LTIP at least $1.3M annually.
- New performance-based LTIP for Holliday and Mathias tied 50% to one-year operating results (modified by 3-year TSR) and 50% to relative 3-year TSR.
- Severance multipliers increased: Holliday gets 2x salary/bonus/equity (3x in change-of-control), Mathias 1.5x (2.5x), Levine 1x (2x).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040971/000110465922001549/0001104659-22-001549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040971/000110465922001549/tm221582d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-001549

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