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ALLIANT TECHSYSTEMS INC FILES (8-K) Disclosing Change in Directors or Principal Officers
[September 17, 2014]

ALLIANT TECHSYSTEMS INC FILES (8-K) Disclosing Change in Directors or Principal Officers


(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 11, 2014, the Personnel and Compensation Committee of the Board of Directors of Alliant Techsystems Inc. ("ATK") approved the payment of retention bonuses to certain executive officers of ATK, contingent on the successful completion of the spin-off of ATK's Sporting Group business as a public company named Vista Outdoor Inc. and the merger of ATK's Aerospace and Defense Groups with Orbital Sciences Corporation to become Orbital ATK, Inc. (together, the "Transaction"). The following "named executive officers" were awarded retention bonuses as described below: • Scott D. Chaplin, ATK's Senior Vice President, General Counsel and Secretary, in the total amount of $649,688, equal to 150% of his base salary; and • Blake E. Larson, ATK's Senior Vice President and President Aerospace Group, in the total amount of $573,615, equal to 125% of his base salary.



The retention bonuses will be payable in two equal installments as soon as practicable following the closing of the Transaction and on the first anniversary of the closing of the Transaction, subject in each case to continued employment as of those dates with Vista Outdoor Inc. or Orbital ATK, Inc., as applicable.

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