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Executive Change

Filed Mar 17, 2022 · 4y ago · Accession 0001193125-22-078296

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): March 15, 2022     WW INTERNATIONAL, INC. (Exact name of registrant as specified in its charter)       Virginia   001-16769   11-6040273 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   675 Avenue of the Americas , 6th Floor , New York , New York   10010 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (212) 589-2700 Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, no par value   WW   The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company   ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐       Item   5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . In connection with the successful execution of the previously disclosed April 2021 debt refinancing of WW International, Inc. (the “Company”), on March 15, 2022, the Compensation and Benefits Committee of the Company’s Board of Directors approved the grant to Amy O’Keefe, the Company’s Chief Financial Officer, of a discretionary, one-time cash bonus of $250,000 to be paid on or before April 15, 2022. As part of the Company’s ongoing review of its overall approach to employee benefits, starting with respect to March 2022, the Company is suspending its monthly contributions to participants’ profit sharing accounts under the Company’s executive profit sharing plan, including the following named executive officer participants: Mindy Grossman, the Company’s President and Chief Executive Officer; Ms. O’Keefe; Nicholas P. Hotchkin, the Company’s Chief Operating Officer; Michael F. Colosi, the Company’s General Counsel and Secretary; and Michael Lysaght, the Company’s Chief Digital Officer.   2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       WW INTERNATIONAL, INC. DATED: March 17, 2022     By:   /s/ Michael F. Colosi     Name:   Michael F. Colosi     Title:   General Counsel and Secretary   3
Filing details
Ticker
WW
CIK
105319
Form type
8-K
Filing date
Mar 17, 2022
Report date
Mar 15, 2022
Document
d308745d8k.htm
Size
142 KB