secwatch.observer — SEC 8-K summary
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Issuer:     Cushman & Wakefield Ltd. (CWK)
CIK:        0001628369
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001193125-21-328976
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cushman & Wakefield finalizes CEO John Forrester employment agreement effective Jan 1, 2022
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- Base salary of at least £693,900; target annual cash bonus of £1,542,000.
- Annual RSU grants with target value of $5,100,000, half time-vested over 3 years, half performance-vested.
- Severance: 1.5x base salary for 18 months plus target bonus for termination year upon qualifying termination.
- Equity treatment upon qualifying termination or retirement: unvested RSUs continue on schedule.
- Agreement supersedes prior Dec 2018 agreement; Forrester also to serve on Board if nominated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1628369/000119312521328976/0001193125-21-328976-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1628369/000119312521328976/d242190d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-328976

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