secwatch.observer — SEC 8-K summary
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Issuer:     MKS INC (MKSI)
CIK:        0001049502
Form:       8-K
Filed at:   2021-10-29T23:59:59+00:00
Accession:  0001193125-21-313519
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MKS amends Atotech deal terms, accelerates equity vesting if closed by Dec 31; appoints new COO for Atotech division
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- Letter Agreement accelerates vesting of Atotech RSUs vesting by Jan 1, 2022 if deal closes by Dec 31, 2021; PSUs settled at greater of target or actual 2021 EBITDA.
- James Schreiner appointed COO of Atotech Division at closing; base salary $465,000; $500,000 expatriate service bonus.
- Geoff Wild (Atotech CEO) elected to MKS board as Class III director effective at closing.
- Atotech per-share consideration unchanged: $16.20 cash + 0.0552 MKS share; total approx $5.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1049502/000119312521313519/0001193125-21-313519-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1049502/000119312521313519/d241466d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-313519

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