Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Item 5.02(e)
On June 7, 2022, the Compensation Committee (the "Committee") of the Board of
Directors (the "Board") of AssetMark Financial Holdings, Inc. (the "Company")
approved awards to the Company's named executive officers ("NEOs") under the
Company's long-term incentive program, a portion of which was granted in the
form of restricted cash. The restricted cash awards vest in four equal
installments on each of the first four anniversaries of the grant date, subject
to the NEO's continued service through such date. The value of the restricted
cash awards to the NEOs were as follows: Natalie Wolfsen ($231,000), Michael Kim
($173,250) and Gary Zyla ($90,750).
The remainder of the NEOs' awards under the long-term incentive program were
made in form of restricted stock units and stock appreciation rights, the terms
of which are substantially consistent with previously disclosed long-term
incentive program awards.
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