WW International DEF 14A: Executive Comp & Equity Awards
Ticker: WW · Form: DEF 14A · Filed: 2024-04-04T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, equity-awards, corporate-governance
TL;DR
WW Intl DEF 14A out: exec comp, equity awards for Sima Sistani & Mindy Grossman detailed. Fair value changes noted.
AI Summary
WW International, Inc. filed its DEF 14A on April 4, 2024, detailing executive compensation and corporate governance matters for the fiscal year ending December 28, 2023. The filing includes information on equity awards granted to executives like Sima Sistani and Mindy Grossman, and their vesting schedules. It also addresses changes in the fair value of outstanding and unvested equity awards.
Why It Matters
This filing provides insight into how WW International compensates its top executives and how the value of their equity awards has changed, which can impact investor perception of management alignment and company performance.
Risk Assessment
Risk Level: medium — DEF 14A filings often contain information about executive compensation and corporate governance that can signal potential risks or opportunities related to management decisions and shareholder interests.
Key Numbers
- 2023 — Fiscal Year (Reporting period for executive compensation and equity award details.)
Key Players & Entities
- WW INTERNATIONAL, INC. (company) — Filer
- Sima Sistani (person) — Executive
- Mindy Grossman (person) — Executive
- 2023-12-28 (date) — Fiscal Year End
- 20240404 (date) — Filing Date
FAQ
What is the total compensation reported for Sima Sistani and Mindy Grossman for the fiscal year ending December 28, 2023?
The provided text does not explicitly state the total compensation amounts for Sima Sistani and Mindy Grossman for the fiscal year ending December 28, 2023. It mentions their involvement with equity awards and their fair values.
What were the key changes in the fair value of equity awards granted in prior years that vested in 2023?
The filing indicates a 'YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInTheYearMember' for the period of 2023-01-01 to 2023-12-30, but the specific change amount is not detailed in the provided text.
What is the fair value of outstanding and unvested equity awards as of the end of the fiscal year 2023?
The filing references a 'YearEndFairValueOfUnvestedEquityAwardsGrante' and 'YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember' for the period of 2023-01-01 to 2023-12-30, but the specific year-end fair value is not provided in the excerpt.
When did WW International, Inc. change its former name from WEIGHT WATCHERS INTERNATIONAL INC?
The date of the former company name change to WW International, Inc. was November 23, 1999 (19991123).
What is the primary business address of WW International, Inc.?
The primary business address of WW International, Inc. is 675 Avenue of the Americas, 6th Floor, New York, NY 10010.
From the Filing
0001193125-24-086603.txt : 20240404 0001193125-24-086603.hdr.sgml : 20240404 20240404070318 ACCESSION NUMBER: 0001193125-24-086603 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 28 CONFORMED PERIOD OF REPORT: 20240509 FILED AS OF DATE: 20240404 DATE AS OF CHANGE: 20240404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WW INTERNATIONAL, INC. CENTRAL INDEX KEY: 0000105319 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 116040273 STATE OF INCORPORATION: VA FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-16769 FILM NUMBER: 24821602 BUSINESS ADDRESS: STREET 1: 675 AVENUE OF THE AMERICAS STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 2125892700 MAIL ADDRESS: STREET 1: 675 AVENUE OF THE AMERICAS STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 FORMER COMPANY: FORMER CONFORMED NAME: WEIGHT WATCHERS INTERNATIONAL INC DATE OF NAME CHANGE: 19991123 DEF 14A 1 d21463ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0000105319 0000105319 2023-01-01 2023-12-30 0000105319 2019-12-29 2021-01-02 0000105319 2022-01-02 2022-12-31 0000105319 2021-01-03 2022-01-01 0000105319 ww:SimaSistaniMember 2019-12-29 2021-01-02 0000105319 ww:MindyGrossmanMember 2019-12-29 2021-01-02 0000105319 ww:SimaSistaniMember 2021-01-03 2022-01-01 0000105319 ww:MindyGrossmanMember 2021-01-03 2022-01-01 0000105319 ww:SimaSistaniMember 2022-01-02 2022-12-31 0000105319 ww:MindyGrossmanMember 2022-01-02 2022-12-31 0000105319 ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:MindyGrossmanMember 2023-01-01 2023-12-30 0000105319 ww:YearOverYearChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInTheYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000105319 ww:YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000105319 ww:YearEndFairValueOfUnvestedEquityAwardsGrantedInTheCoveredYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000105319 ww:ValueOfDividendsOrOtherEarningsPaidOnStockOrOptionAwardsNotOtherwiseReflectedInFairValueOrTotalCompensationMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000105319 ww:FairValueAsOfVestingDateOfEquityAwardsGrantedAndVestedInTheYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000105319 ww:TotalStockAndOptionAwardsAdjustmentMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000105319 ww:TotalStockAndOptionAwardsAdjustmentMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:FairValueAsOfVestingDateOfEquityAwardsGrantedAndVestedInTheYearMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:FairValueAtTheEndOfThePriorYearOfEquityAwardsThatFailedToMeetVestingConditionsInTheYearMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:ValueOfDividendsOrOtherEarningsPaidOnEquityAwardsNotOtherwiseReflectedInFairValueOrTotalCompensationMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:YearEndFairValueOfUnvestedEquityAwardsGrantedInTheCoveredYearMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:AverageChangeInPensionValueDeductionMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000105319 ww:ReportedStockAndOptionAwardsDeductionMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:StockAndOptionAwardsAdjustmentMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:ChangeInPensionValueDeductionMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:PensionServiceCostAdditionMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:PriorPensionServiceCostAdditionMember ecd:PeoMember ww:SimaSistaniMember 2023-01-01 2023-12-30 0000105319 ww:Avera