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): |
June 1, 2022
Dun & Bradstreet Holdings, Inc.
(Exact name of registrant as specified in its charter)
Commission file number 1-39361
Delaware | 83-2008699 | ||||
(State of incorporation) | (I.R.S. Employer Identification No.) | ||||
5335 Gate Parkway
Jacksonville, FL 32256
(Address of principal executive offices)
(904) 648-6350
Registrant’s telephone number, including area code
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 | Name of Each Exchange on Which Registered | ||||||
Common Stock, $0.0001 par value | DNB | New York Stock Exchange |
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
On June 1, 2022, The Dun & Bradstreet Corporation, a wholly-owned subsidiary of Dun & Bradstreet Holdings, Inc. (the “Company”), entered into an Employment Agreement with Neeraj Sahai to serve as President, Dun & Bradstreet International. The Employment Agreement has an initial term of three years, with a provision for automatic annual extensions beginning on the second anniversary of the Effective Date and continuing thereafter unless either party provides timely notice that the term should not be extended. Pursuant to the terms of the Employment Agreement, Mr. Sahai’s minimum annual base salary is $500,000, his annual incentive target is set at 110% of his annual base salary (with a maximum incentive of up to 200% of his annual incentive target), and he is entitled to the benefits we provide to our other employees generally.
In addition, Mr. Sahai’s Employment Agreement provides that he shall continue to participate in the Company’s 2021 D&B Europe Cost Savings Achievement Plan and is eligible to participate in our equity incentive plan, any future equity incentive plans and any future synergy plans. The Employment Agreement also contains provisions related to the payment of benefits upon certain termination events.
The foregoing description of the Employment Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Employment Agreement, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety.
Item 9.01. Financial Statements and Exhibits
Exhibit 10.1 | |||||
Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
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 thereunto duly authorized.
DUN & BRADSTREET HOLDINGS, INC. | |||||||||||
By: | /s/ Joe A. Reinhardt, III | ||||||||||
Joe A. Reinhardt, III | |||||||||||
Chief Legal Officer | |||||||||||
Date: | June 7, 2022 |