Item 2.02. Results of Operations and Financial Condition.
OnWednesday, July 20, 2022 ,SEI Investments Company (the "Company") issued a press release announcing its financial and operating results for the second quarter endedJune 30, 2022 . A copy of the press release is furnished as Exhibit 99.1 and incorporated in this Item 2.02 by reference. A recording of the earnings call referenced in the press release furnished as Exhibit 99.1 is available for replay on the Company's website at seic.com/investor-relations. As provided in General Instruction B.2 to Form 8-K, the information furnished in this Item 2.02 and Exhibit 99.1 hereto shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing with theSecurities and Exchange Commission , except as shall be expressly provided by specific reference in such filing.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnJuly 18, 2022 , the Company's Compensation Committee of the Board recommended, and the Board approved, changes in the fiscal 2022 compensation forDennis McGonigle , the Company's Chief Financial Officer, wherebyMr. McGonigle will (i) receive a pro-rated annual salary of$700,000 for fiscal 2022 (effectiveJuly 29, 2022 ), and (ii) have an annual target bonus opportunity of$1,300,000 , with the actual amount to be determined at year-end based on individual and/or Company performance as determined by the Compensation Committee of the Board. In addition,Mr. McGonigle will receive a restricted stock unit grant with respect to 20,000 shares of the Company's common stock (the "RSU Grant") under the Company's 2014 Omnibus Equity Compensation Plan (the "2014 Plan"). The RSU Grant will vest over four years in equal annual installments on the first four anniversaries ofJuly 18, 2022 , provided thatMr. McGonigle remains employed through the applicable vesting date.
The agreements with
Item 9.01. Financial Statements and Exhibits.
Exhibit No. Description 99.1 Press Release dated July 20, 2022 of
Company's financial and operating results for the se cond quarter ended June 3 0 , 2022. 104 Cover Page Interactive Data File (embedded within
the Inline XBRL document)
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