secwatch.observer — SEC 8-K summary
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Issuer:     Lamb Weston Holdings, Inc. (LW)
CIK:        0001679273
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0001104659-22-082823
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Lamb Weston grants $19.6M in one-time equity awards to executives under retention program
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- CEO Thomas Werner receives total target value of $10.5M; other NEOs receive $1.8M to $2.7M.
- Awards split equally between leveraged performance units (LPUs) and stock options.
- LPUs vest based on stock price appreciation over FY2023-2025: 50% target at 25%, 100% at 50%, 300% at 75%+; capped at 8x target.
- Stock options vest 33/33/34% over three anniversaries; term of 7 years.
- Total target value for all NEOs is $19.6M; grants effective July 29, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679273/000110465922082823/0001104659-22-082823-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679273/000110465922082823/tm2221766d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-082823

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