secwatch.observer — SEC 8-K summary
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Issuer:     Sunstone Hotel Investors, Inc. (SHO)
CIK:        0001295810
Form:       8-K
Filed at:   2022-02-11T23:59:59+00:00
Accession:  0001558370-22-001062
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunstone Hotel approves 2022 exec salaries, new bonus plan and equity grant changes
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- 2022 base salaries: Pasquale $825k, Giglia $550k, Springer $500k, Klein $425k, Ostapovicz $400k.
- Bonus plan weights: Individual 25%, AFFO/Sh 15%, Capital Recycling 30%, Capital Markets 15%, Capital Investment 15%.
- Equity grants include annual & transition performance-vesting RSUs tied to relative TSR; e.g., Giglia: 84,143 annual target RSUs.
- Transition from time-vesting to performance-vesting equity practice; one-time transition awards granted.
- Time-based restricted stock also awarded with 3-year or 2-year graded vesting (e.g., Giglia: 28,048 annual shares).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295810/000155837022001062/0001558370-22-001062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295810/000155837022001062/sho-20220210x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-001062

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