UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
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 27, 2022 (
(Exact name of Registrant as specified in its charter)
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company
If an emerging growth company, indicate by check
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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 21, 2022, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Global Business Travel Group, Inc. (the “Company”) adopted the Global Business Travel Group, Inc. Annual Incentive Award Plan (the “AIA Plan”) in order to provide added incentive for employees of the Company and certain of its affiliates who are in a position to make substantial contributions to the earnings and growth of these companies.
The AIA Plan provides eligible employees of the Company and certain of its affiliates an opportunity to earn incentive compensation awards payable in cash upon achievement of annual performance goals as established by the Compensation Committee. If earned, awards under the AIA Plan will generally be paid in March of the calendar year immediately following the year of performance.
The foregoing description of the AIA Plan is qualified in its entirety by reference to the AIA Plan filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
| (a) | Exhibits. |
| Exhibit Number |
Description |
| 10.1 | Global Business Travel Group, Inc. Annual Incentive Award Plan |
| 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 hereunto duly authorized.
| Global Business Travel Group, Inc. | |||
| By: | /s/ Martine Gerow | ||
| Name: | Martine Gerow | ||
| Title: | Chief Financial Officer | ||
Date: June 27, 2022