Donnelley Financial Solutions, Inc. (NYSE:DFIN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March2, 2018, the Compensation Committee of the Board of Directors of Donnelly Financial Solutions, Inc. (the “Company”) approved the adoption of the Donnelley Financial Solutions Annual Incentive Plan (the “AIP”). Under the AIP, the Compensation Committee may award annual bonuses to eligible employees based on the Company’s financial performance and the achievement of applicable performance criteria during specified performance periods. The AIP is intended to replace the Company’s Annual Incentive Plan previously filed as Exhibit 10.13 to the Company’s Annual Report on Form 10-K, filed February28, 2017, due to the recent elimination of the exemption for “qualified performance-based compensation” under Section162(m) of the Internal Revenue Code, effective for our 2018 tax year, under the Tax Cuts and Jobs Act of 2017. The foregoing is qualified in its entirety by reference to the AIP, which is filed as Exhibit 10.1 hereto and incorporated by reference herein.
Item 5.02. Financial Statements and Exhibits
Donnelley Financial Solutions, Inc. ExhibitEX-10.1 2 d484618dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 Donnelley Financial Solutions Annual Incentive Plan (Effective March 2,…To view the full exhibit click here
About Donnelley Financial Solutions, Inc. (NYSE:DFIN)
Donnelley Financial Solutions, Inc. is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers. The Company provides content management, multi-channel content distribution, data management and analytics services, collaborative workflow and business reporting tools, and translations and other language services in support of its clients’ communications requirements. The Company operates in two business segments: United States and International. The United States segment consists of three reporting units: capital markets, investment markets, and language solutions and other. The International segment includes its operations in Asia, Europe, Latin America and Canada.
