Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The Compensation Committee of the Board of Directors and the Board of Directors
of
The PBRSUs have a three-year performance period and are subject to measurement
of the achievement of the metrics described below, made at the discretion of the
Company's Compensation Committee. The PBRSUs are subject to an annual return on
equity ("ROE") metric with threshold, target and maximum goals for each of 2021,
2022 and 2023 and then modified by a relative Total Shareholder Return ("rTSR")
metric at the conclusion of the three-year period ended
Restrictions will lapse with respect to 33%/33%/34% of the TBRSU awards on the
first, second and third anniversary dates of
The base number of TBRSU awards and PBRSU awards, which may be adjusted as described above, granted to the Company's chief executive officer, chief financial officer and named executive officers are as follows:
Timothy P. King , EVP and Chief Financial Officer: 14,847 (TBRSU) 8,908 (PBRSU) Joseph L. Motes III, EVP, Chief Administrative Officer, General Counsel and Secretary: 18,896 (TBRSU) 8,908 (PBRSU)Laura Santillan , SVP, Chief Accounting Officer: 9,785 (TBRSU) 5,871 (PBRSU)John J. Chesnut , SVP, Treasurer: 9,110 (TBRSU) 5,466 (PBRSU)
Consistent with 2020,
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Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Document Description 10.1 Form of Time-Based Restricted Stock Unit Award Agreement under theAlliance Data Systems Corporation 2020 Omnibus Incentive Plan. 10.2 * Form of Performance-Based Restricted Stock Unit Award Agreement under theAlliance Data Systems Corporation 2020 Omnibus Incentive Plan (2021 grant). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
* Certain exhibits have been omitted pursuant to Item 601(a)(5) of Regulation
S-K.
The information contained in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such a filing.
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