CACI International Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CACI International Inc. on April 26, 2022. The report discloses specific compensatory arrangements for certain officers under Item 5.02.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on executive compensation awards.
Material Changes
The material event reported is the grant of one-time special awards of Restricted Stock Units (RSUs) to two senior executives on April 26, 2022:
- DeEtte Gray (President, Business and Information Technology Solutions): Granted 10,636 RSUs with a grant date value of approximately $3,000,000. These units vest in full on the fourth anniversary of the grant date.
- J. William Koegel, Jr. (Executive Vice President, General Counsel and Secretary): Granted 1,064 RSUs with a grant date value of approximately $300,000. These units vest in equal installments over the first three anniversaries of the grant date.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The awards are subject to terms and conditions substantially similar to those under the Company's 2016 Amended and Restated Incentive Compensation Plan.
Key Facts for Investor Verification
- Verify the total grant date value of $3,300,000 awarded to the two executives.
- Confirm the vesting schedules: 4-year cliff vesting for DeEtte Gray and 3-year installment vesting for J. William Koegel, Jr.
- Review the 2016 Amended and Restated Incentive Compensation Plan for specific forfeiture or performance conditions attached to these RSUs.