DUPONT FABROS TECHNOLOGY, INC. (NYSE:DFT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Committee) of the Board of Directors of DuPont Fabros Technology,
Inc. (the Company) adopted the Companys 2017 Short-Term Incentive
Compensation Plan (the 2017 STIC Plan), which provides for the
payment of cash incentive awards to plan participants in early 2018
if, and to the extent to which, certain performance objectives are
achieved during 2017.
percentage of annual base compensation on which the target
opportunity for Christopher P. Eldredge, the Company’s President
and Chief Executive Officer, is based, but did not change the
target opportunity percentages for any other named executive
officer.
reference the to 2017 STIC Plan, a copy of which is attached to
this report as an exhibit.
|
10.1
|
2017 Short-Term Incentive Compensation Plan
|
About DUPONT FABROS TECHNOLOGY, INC. (NYSE:DFT)
DuPont Fabros Technology, Inc. (DFT) is a real estate investment trust (REIT). The Company is a self-administered and self-managed company that owns, acquires, develops and operates wholesale data centers. The Company’s customers outsource their applications, and include national and international enterprises across various industries, such as technology, Internet content providers, media, communications, cloud providers, healthcare and financial services. Its data centers are located in four population centers: Northern Virginia; suburban Chicago, Illinois; Piscataway, New Jersey, and Santa Clara, California. The Company owns various properties, including approximately 10 operating data centers facilities; over three phases of existing data center facilities under development; approximately two data center facilities with phases that are available for future development, and over three parcels of land held for future development of data centers. DUPONT FABROS TECHNOLOGY, INC. (NYSE:DFT) Recent Trading Information
DUPONT FABROS TECHNOLOGY, INC. (NYSE:DFT) closed its last trading session up +0.01 at 50.05 with 493,557 shares trading hands.
