MKS Instruments, Inc. Announces 2024 Annual Meeting of Shareholders

Ticker: MKSI · Form: DEF 14A · Filed: Mar 27, 2024 · CIK: 1049502

Sentiment: neutral

Topics: MKS Instruments, Annual Meeting, Proxy Statement, Shareholder Meeting, DEF 14A

TL;DR

<b>MKS Instruments, Inc. will hold its 2024 Annual Meeting of Shareholders on May 7, 2024, at its Andover, Massachusetts headquarters.</b>

AI Summary

MKS INSTRUMENTS INC (MKSI) filed a Proxy Statement (DEF 14A) with the SEC on March 27, 2024. The 2024 Annual Meeting of Shareholders for MKS Instruments, Inc. will be held on May 7, 2024. The meeting will commence at 10:00 a.m. Eastern Time. The meeting will take place at the company's headquarters located at 2 Tech Drive, Suite 201, Andover, Massachusetts. The filing is a Definitive Proxy Statement (DEF 14A). The company's fiscal year ends on December 31.

Why It Matters

For investors and stakeholders tracking MKS INSTRUMENTS INC, this filing contains several important signals. This filing provides shareholders with essential information regarding the upcoming annual meeting, including details about the agenda, voting procedures, and executive compensation. Shareholders will have the opportunity to vote on important matters, including the election of directors and other corporate governance issues.

Risk Assessment

Risk Level: low — MKS INSTRUMENTS INC shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Shareholders should review the proxy statement to understand the proposals being voted on and to exercise their voting rights.

Key Numbers

Key Players & Entities

FAQ

When did MKS INSTRUMENTS INC file this DEF 14A?

MKS INSTRUMENTS INC filed this Proxy Statement (DEF 14A) with the SEC on March 27, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by MKS INSTRUMENTS INC (MKSI).

Where can I read the original DEF 14A filing from MKS INSTRUMENTS INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by MKS INSTRUMENTS INC.

What are the key takeaways from MKS INSTRUMENTS INC's DEF 14A?

MKS INSTRUMENTS INC filed this DEF 14A on March 27, 2024. Key takeaways: The 2024 Annual Meeting of Shareholders for MKS Instruments, Inc. will be held on May 7, 2024.. The meeting will commence at 10:00 a.m. Eastern Time.. The meeting will take place at the company's headquarters located at 2 Tech Drive, Suite 201, Andover, Massachusetts..

Is MKS INSTRUMENTS INC a risky investment based on this filing?

Based on this DEF 14A, MKS INSTRUMENTS INC presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

What should investors do after reading MKS INSTRUMENTS INC's DEF 14A?

Shareholders should review the proxy statement to understand the proposals being voted on and to exercise their voting rights. The overall sentiment from this filing is neutral.

How does MKS INSTRUMENTS INC compare to its industry peers?

MKS Instruments, Inc. operates in the industrial instruments sector, providing essential components and systems for various high-tech industries.

Are there regulatory concerns for MKS INSTRUMENTS INC?

This filing is made under Rule 14a-101 of the Securities Exchange Act of 1934, governing the information required in proxy statements.

Industry Context

MKS Instruments, Inc. operates in the industrial instruments sector, providing essential components and systems for various high-tech industries.

Regulatory Implications

This filing is made under Rule 14a-101 of the Securities Exchange Act of 1934, governing the information required in proxy statements.

What Investors Should Do

  1. Shareholders should review the proxy materials to understand the proposals for the annual meeting.
  2. Vote on the election of directors and any other matters presented at the meeting.
  3. Note the date and time of the annual meeting to attend or submit proxy votes.

Key Dates

Year-Over-Year Comparison

This is a DEF 14A filing for the 2024 Annual Meeting, following previous filings related to the company's operations and financial reporting.

Filing Stats: 4,643 words · 19 min read · ~15 pages · Grade level 12.9 · Accepted 2024-03-27 16:45:51

Key Financial Figures

Filing Documents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 34 EXECUTIVE OFFICERS 36

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 39 Compensation Discussion and Analysis 39 COMPENSATION COMMITTEE REPORT 51

EXECUTIVE COMPENSATION TABLES

EXECUTIVE COMPENSATION TABLES 52 Summary Compensation Table for 2023 52 CEO Pay Ratio 54 i Pay Versus Performance 55 Grants of Plan-Based Awards in Fiscal Year 2023 Table 59 Outstanding Equity Awards at 2023 Fiscal Year-End Table 60 Option Exercises and Stock Vested in Fiscal Year 2023 Table 60 Potential Payments Upon Termination or Change-in-Control 61 EQUITY COMPENSATION PLAN INFORMATION 68 OTHER MATTERS 69 Expenses and Solicitation 69 Deadline for Submission of Shareholder Proposals for the 2025 Annual Meeting 69 Householding of Annual Meeting Materials 69 No Incorporation by Reference 70 APPENDIX A A-1 Reconciliation of 2023 Loss from Operations to 2023 Non-GAAP Operating Income A-1 Reconciliation of 2023 Net Loss to 2023 Adjusted EBITDA A-1 ii MKS INSTRUMENTS, INC. 2 Tech Drive, Suite 201 Andover, Massachusetts 01810 PROXY STATEMENT This proxy statement is furnished in connection with the solicitation of proxies by the Board of Directors of MKS Instruments, Inc., a Massachusetts corporation, for use at the 2024 Annual Meeting of Shareholders to be held on Tuesday, May 7, 2024 at 10:00 a.m., Eastern Time, at our headquarters at 2 Tech Drive, Suite 201, Andover, Massachusetts 01810, and at any adjournment or postponement thereof, which we refer to as the 2024 Annual Meeting. References in this proxy statement to "we," "us," the "Company," or "MKS" refer to MKS Instruments, Inc. and its consolidated subsidiaries. All proxies will be voted in accordance with the applicable shareholder's instructions. If no choice is specified in the proxy, the shares will be voted in accordance with the recommendations of our Board of Directors. The Board of Directors recommends that you vote FOR each director nominee, FOR each of Proposals 2 and 3, and AGAINST the shareholder proposal in Proposal 4. Any proxy may be revoked by a shareholder at any time before its exercise by delivery of written revoc

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