Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed in our Current Report on Form 8-K filed on
We are filing this Amendment No. 1 to the Original 8-K to report that on
? increased his base salary to
? increased his target bonus under the
Incentive Plan (the "Management Incentive Plan") to
May 1, 2022 ;
? increased his target restricted stock unit ("RSU") grant values to
prorated from
(i) target performance-based RSUs with a value of
(ii) target Management Incentive Plan-tied RSUs with a value of
? granted a one-time award of 500,000 performance-based RSUs under the Carnival
Corporation 2020 Stock Plan (the "2020 Stock Plan"). The actual number of RSUs
that may vest in
of RSUs based on the extent to which the average of the return on invested
capital ("ROIC") for fiscal 2026 and fiscal 2027 meets or exceeds the
established ROIC goals.
In addition, the Compensation Committees approved
? base salary of$1,250,000 ;
? target bonus under the Management Incentive Plan of
? target RSU grants of
(i) target performance-based RSUs with a value of
(ii) target Management Incentive Plan-tied RSUs with a value of
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