---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-003461"
form_type: "8-K"
ticker: "MELI"
cik: "0001099590"
company_name: "MERCADOLIBRE INC"
filed_at: "2022-05-09T23:59:59+00:00"
generated_at: "2026-06-25T22:13:09.334453+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# MercadoLibre Board sets 2022 bonus performance metrics and adopts long-term retention plan with executive target awards

## Summary
- 2022 Bonus Program NEO performance goals: Net Revenue, operating income, Mercado Pago transactions, Net Promoter Score.
- Target bonus for each NEO set at 33.33% of annual base salary (4 months) with +/-50% individual performance adjustment.
- 2022 Long Term Retention Program: six-year cash payments, half fixed annually and half tied to stock price appreciation.
- CEO Marcos Galperin target LTRP award $6,139,585; CFO Pedro Arnt $1,700,000; other NEOs $1.8M–$2.4M.
- Payments start between Jan 1 and Apr 30, 2023, subject to continued employment; accelerated vesting on Change in Control.

## SEC filing metadata
- accession: 0001171843-22-003461
- form_type: 8-K
- ticker: MELI
- cik: 0001099590
- company_name: MERCADOLIBRE INC
- filed_at: 2022-05-09T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099590/000117184322003461/0001171843-22-003461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099590/000117184322003461/f8k_050922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-003461
- JSON: https://secwatch.observer/filing/0001171843-22-003461.json
- Plain text: https://secwatch.observer/filing/0001171843-22-003461.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.