secwatch.observer — SEC 8-K summary
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Issuer:     TTEC Holdings, Inc. (TTEC)
CIK:        0001013880
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0001104659-23-001914
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TTEC boosts Swanback's base to $700k, Semach to $500k; grants $4M retention equity to Swanback, $2.5M to Semach
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- Swanback's base salary increased from $625k to $700k; annual bonus target set at 100% of base.
- Swanback receives one-time $2M RSU grant (5-year vest) and $2M performance RSUs (3-year cliff, based on 2025 performance).
- CFO Semach's base salary raised from $400k to $500k; annual bonus target 100%.
- Semach gets one-time $1.25M RSU grant (5-year vest) and $1.25M performance RSUs (3-year cliff, based on 2025 performance).
- Swanback's role expanded to President of TTEC Holdings, Inc. in addition to CEO of TTEC Engage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013880/000110465923001914/0001104659-23-001914-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013880/000110465923001914/tm232461d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-001914

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