secwatch.observer — SEC 8-K summary
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Issuer:     COOPER COMPANIES, INC. (COO)
CIK:        0000711404
Form:       8-K
Filed at:   2021-12-10T23:59:59+00:00
Accession:  0001193125-21-353917
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cooper Companies adopts 2022 Incentive Payment Plan; CEO target 125% of salary
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- CEO Albert White receives 125% target eligibility; Threshold Goal requires 50% achievement of Revenue, Income, or EPS.
- COO McBride (80% target) and CFO Andrews (75% target) included; Corporate HQ weighting: Revenue 50%, Income 25%, EPS 25%.
- Payment may be cash and up to 50% common stock; CEO above 75% may get restricted stock with 3-year cliff vesting.
- Plan is part of 2017 Executive Incentive Program; Committee may reduce quantitative-based bonus by up to 25% for qualitative factors.
- Participants forfeit awards if employment terminates before year-end unless due to death, retirement, or disability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711404/000119312521353917/0001193125-21-353917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711404/000119312521353917/d220660d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-353917

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