secwatch.observer — SEC 8-K summary
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Issuer:     LENNOX INTERNATIONAL INC (LII)
CIK:        0001069202
Form:       8-K/A
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001628280-23-041239
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lennox finalizes CFO Quenzer's compensation: $550K base, $1M in long-term equity
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- Annual base salary set at $550,000; short-term incentive target of 75% of base salary.
- Long-term incentives: $300K RSUs (3-yr cliff), $500K PSUs (performance to Dec 31, 2026), $200K SARs (3-yr annual vest).
- Standard Executive Vice President offer letter, employment agreement (24-month non-compete/non-solicit), and indemnification agreements.
- Also participates in Supplemental Restoration Retirement Plan, life insurance, and Change in Control Severance Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069202/000162828023041239/0001628280-23-041239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069202/000162828023041239/lii-20231023.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-041239

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