secwatch.observer — SEC 8-K summary
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Issuer:     COCA COLA CO (KO)
CIK:        0000021344
Form:       8-K
Filed at:   2022-02-16T23:59:59+00:00
Accession:  0001552781-22-000167
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coca-Cola adds DEI and environmental sustainability metrics to 2022 executive compensation
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- 2022 annual incentive: 10% weight on diversity/equity/inclusion goals; 90% on net operating revenue and operating income growth.
- 2022 long-term incentive: 10% weight on environmental sustainability measures; 90% on net operating revenue, EPS growth, and cumulative free cash flow.
- Amended award agreements reduce option exercise time at death to one year and remove service requirement for vesting after age 60.
- Other amendments allow vesting to continue on transfer to affiliate and remove proration for certain involuntary terminations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21344/000155278122000167/0001552781-22-000167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21344/000155278122000167/e22073_ko-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-22-000167

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