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Brookdale Senior Living Files 8K - Director, Officer or Compensation Filing >BKD
DOW JONES & COMPANY, INC. 5:23 PM ET 12/15/2017
Symbol Last Price Change
BKD 9.61down 0 (0%)
QUOTES AS OF 04:02:09 PM ET 12/15/2017
Brookdale Senior Living Inc. (BKD) filed a Form 8K - Director, Officer or Compensation Filing - with the U.S Securities and Exchange Commission on December 15, 2017.

(e) On December 12, 2017, the Compensation Committee of the Board of Directors of Brookdale Senior Living Inc.(BKD) (the " Company") determined that beginning effective January 1, 2018, Mary Sue Patchett, the Company's Executive Vice President Community Operations, will participate in the Company's Severance Pay Policy, Tier I, as amended (the "Policy"), as a Designated Officer (as defined therein). Ms. Patchett currently participates in the Policy as an Other Eligible Employee (as defined therein) and is eligible to receive additional severance benefits in certain circumstances pursuant to a letter agreement with the Company that expires on December 31, 2017. The terms and conditions of the Policy and the amounts payable to Designated Officers thereunder are described in the Company's Proxy Statement filed with the Securities and Exchange Commission on August 14, 2017. The Committee determined that Ms. Patchett will participate as a Designated Officer under the Policy, which will enhance Ms. Patchett's severance benefits, in light of her increased responsibilities resulting from the departure of the Company's Chief Operating Officer and her continued service on the Company's senior management executive committee.

The full text of this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1332349/ 000133234917000082/form8-k2017x12x12.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/ 1332349/000133234917000082/0001332349-17-000082-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.


(END) Dow Jones Newswires
12-15-171723ET
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