secwatch.observer — SEC 8-K summary
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Issuer:     MKS INC (MKSI)
CIK:        0001049502
Form:       8-K/A
Filed at:   2022-08-17T23:59:59+00:00
Accession:  0001193125-22-223259
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

MKS Instruments discloses $5.58M severance for Geoff Wild upon Atotech acquisition closing
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- Severance total of $5,576,068 becomes determinable upon August 17, 2022 acquisition close.
- Payment includes 150% of total remuneration, pro-rated bonus, 6 months salary in lieu of notice.
- Also includes lump sum at 18-month anniversary and cash settlement of all outstanding RSU/PSU awards at target.
- Mr. Wild continues healthcare coverage up to 18 months; payments subject to restrictive covenant repayment.
- His employment with Alpha US terminated immediately prior to closing; he remains on MKS Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1049502/000119312522223259/0001193125-22-223259-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1049502/000119312522223259/d347228d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-223259

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