WILLIAM LYON HOMES (NYSE:WLH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
(e) On February15, 2018, the Compensation Committee of the Board of Directors (the “Committee”) of William Lyon Homes, a Delaware corporation (the “Company”), approved the following changes to the 2018 target compensation levels for certain of the Company’s named executive officers. The base salary, target cash bonus opportunity and target number of shares of Company common stock underlying equity awards under the Company’s long-term incentive program for such Company named executive officers, as approved by the Committee, are as follows:
|
Name |
Title |
2018 Base Salary | 2018 Target Cash Bonus Opportunity | Target Number of Shares | ||
|
William H. Lyon |
ExecutiveChairman | $ | 800,000 | $ | 1,600,000 | 47,673shares |
|
Colin T. Severn |
SeniorVicePresidentand Chief Financial Officer | $ | 400,000 | $ | 500,000 | 25,743 shares |
|
Jason R. Liljestrom |
SeniorVicePresident, General Counsel and Corporate Secretary | $ | 350,000 | $ | 425,000 | 17,162 shares |