Attached files
file | filename |
---|---|
8-K - 8-K - Vectrus, Inc. | a8k-annualmeetingvotingres.htm |
Vectrus, Inc.
Non-Management Director Compensation
Effective May 12, 2017
Vectrus Human Resources - Proprietary
Non-Management Directors Total Compensation Restricted Stock Units (1) Cash Retainer
- Non-Management Directors (except
Non-Executive Chairman) $150,000 $75,000 $75,000
- Compensation for Non-Executive
Chairman $250,000 $125,000 $125,000
Cash Retainer Amounts
- Audit Committee $15,000
- Nominating and Governance
Committee $10,000
- Compensation and Personnel
Committee $10,000
- Strategy Committee $10,000
Vectrus, Inc. Non-Management Director Annual Compensation (effective May 12, 2017)
All compensation to be granted on the date of the applicable Vectrus, Inc. Annual Meeting of Shareholders for services from that date through
the day prior to the date of the subsequent Vectrus, Inc. Annual Meeting of Shareholders.
(1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Vectrus, Inc. common stock. The number of RSUs granted will be
based on the closing price of Vectrus, Inc. common stock on the date of the applicable Vectrus, Inc. Annual Meeting of Shareholders (commencing with the
2017 Annual Meeting of Shareholders on May 12, 2017). The RSUs will vest 100% on the day prior to the date of the subsequent Vectrus, Inc. Annual
Meeting of Shareholders and wll be settled in shares of Vectrus, Inc. common stock.
Additional Cash Retainers for Committee Chairs
Exhibit 10.01