other material
confidence high
sentiment neutral
materiality 0.50
Allied Motion revises 2022 executive comp; New LTIP sets 33.3% sales growth target over 3 years
ALLIENT INC
- CEO Warzala base salary $650,000; annual cash incentive target 125% of base.
- Original LTIP nearly achieved: $442.3M of $450M sales target reached as of Dec 2021.
- New LTIP performance period ends Dec 2024; consolidated sales increase target 33.3%.
- New LTIP expands eligible participants; awards based on organic and acquired sales growth.
- Restricted stock awards under New LTIP vest over two years; forfeited on cause or voluntary resignation.