ACCO BRANDS Corp
For the period ended May 21, 2024. Filed Apr 2, 2024.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 21, 2024 · Filed Apr 2, 2024
Contents
Key Compensation Practices
Incentive plan outcomes are aligned with business performance
2023 say-on-pay proposal approved by 95 percent of the shares that voted on the proposal
Stock ownership requirements for executives and independent directors
Clawback policy to recoup incentive compensation, including equity awards that are subject to time-based or performance-based conditions. Equity awards subject to time-based vesting are not subject to recoupment under the clawback policy required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"), but under the Company’s policy may nevertheless be recouped in appropriate circumstances.
Incentive compensation plan and practices include good corporate governance features such as:•Multi-year vesting requirements on equity incentives•Dividend equivalents payable only if underlying grant vests•No liberal share recycling•No stock option repricing, cash buyouts, or discounted stock options•No hedging, pledging and short sales of Company stock
Double-trigger change-in-control provisions in executive severance and equity incentive plans
No excise tax gross-up on executive severance plan payments
No employment agreements for U.S.-based executive officers
VOTING AND PROXIES
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