Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

DANAHER CORPORATION

(DHR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

DANAHER CORP /DE/ : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

09/15/2021 | 05:17pm EDT

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT

                 OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN 

OFFICERS



On September 14, 2021, the Board of Directors of Danaher Corporation (the
"Company") amended and restated the Company's 2007 Omnibus Incentive Plan (the
"Plan") to implement certain modifications (the "Omnibus Plan Amendment").
Following is a brief description of the Omnibus Plan Amendment (capitalized
terms have the meaning set forth in the Plan). The description is qualified in
its entirety by reference to the Plan filed as Exhibit 10.1 hereto and
incorporated by reference herein. The Omnibus Plan Amendment:
•updates certain of the retirement provisions of the Plan effective as of
January 1, 2022, including:
•providing that upon Early Retirement, a participant's options, RSUs and PSUs
will continue vesting in full according to their terms; upon Normal Retirement,
stock options will survive until the earlier of 10 years following the Normal
Retirement or the conclusion of the term of the option; and that Early
Retirement and Normal Retirement will apply only to RSUs, PSUs and stock options
granted at least 6 months prior to the retirement date (all of the foregoing
changes will apply prospectively);
•amending the "Years of Service" definition (for purposes of determining Early
Retirement eligibility) to include continuous employment at a company that is
acquired by Danaher;
•with respect to "net exercises" of stock options, allows for the withholding of
shares with value up to the maximum amount required to be withheld in the
applicable jurisdiction; and
•provides that no "Substantial Corporate Change" will occur to the extent that
immediately following the transaction, Danaher's common stockholders continue to
have the same proportionate ownership of whatever entity then owns Danaher's
assets, and clarifying the circumstances under which an award will be considered
"assumed or continued" following a Substantial Corporate Change.

The Omnibus Plan Amendment also includes a number of other ministerial, clarifying and conforming changes.



ITEM 9.01         FINANCIAL STATEMENTS AND EXHIBITS

              (c) Exhibits:

   Exhibit No.                         Description

      10.1                               2007 Omnibus Incentive Plan, as amended and restated  *
       104                             Cover Page Interactive Data File

(formatted as inline XBRL with applicable

                                       taxonomy extension information contained in Exhibits 101)


* Indicates management contract or compensatory plan, contract or arrangement.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

All news about DANAHER CORPORATION
10/22DANAHER : Baird Adjusts Danaher's Price Target to $340 from $305, Keeps Outperform Rating
MT
10/22DANAHER : Wells Fargo Adjusts Danaher's Price Target to $340 from $320, Keeps Overweight R..
MT
10/22DANAHER : Goldman Sachs Adjusts Danaher's Price Target to $345 from $335, Keeps Buy Rating
MT
10/22DANAHER : Jefferies Adjusts Danaher's Price Target to $360 from $325, Keeps Buy Rating
MT
10/22DANAHER : KeyBanc Adjusts Price Target on Danaher to $345 from $315, Keeps Overweight Rati..
MT
10/22DANAHER : Barclays Adjusts Price Target on Danaher to $355 From $335, Maintains Overweight..
MT
10/22DANAHER : RBC Lifts Price Target on Danaher to $334 From $332, Maintains Sector Perform
MT
10/21GLOBAL MARKETS LIVE : Tesla, Unilever, Paypal, Elliott, Novartis...
10/21DANAHER : Reports Higher Third-Quarter Earnings, Beating Estimates; Raises 2021 Core Reven..
MT
10/21DANAHER : Posts Higher Q3 Adjusted Earnings, Sales
MT
More news
Analyst Recommendations on DANAHER CORPORATION
More recommendations