secwatch.observer — SEC 8-K summary
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Issuer:     NCS Multistage Holdings, Inc. (NCSM)
CIK:        0001692427
Form:       8-K/A
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001692427-22-000035
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NCS Multistage CFO Michael Morrison to receive $350K in long-term incentive awards
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- RSU grant of $87,500 and equivalent stock units of $87,500, vesting in three equal annual installments from grant anniversary.
- Performance stock units of $175,000 settle in Q1 2026 based on three-year performance achievement, with payout of 0-2 shares.
- Grants cover fiscal 2023 long-term incentive; units priced using 20-day VWAP before grant date.
- Compensation approved by board on Oct 25, 2022, with grant effective Nov 1, 2022.
- Awards are in addition to prior sign-on bonus disclosed in original 8-K for Morrison's CFO appointment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692427/000169242722000035/0001692427-22-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692427/000169242722000035/ncsm-20221006x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001692427-22-000035

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