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8-K/A - 8-K/A - FLEETCOR TECHNOLOGIES INCflt-20200806.htm

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To:  Charles Freund
        
From:  Ron Clarke, Chairman and CEO

Date:  September 1, 2020

Subject: Your New Role – CFO


Charles, we’re pleased to officially appoint you to the role of CFO for FLEETCOR.

In this role, your 2020 compensation is as follows:

i.2020 Cash. Your cash compensation for 2020 is:

1.Base Salary: $450,000 annualized.

2.Bonus: Bonus target of $168,750.

ii.2020 New Equity Grants.

1.Restricted Stock Grant: $880,000 (grant date value) in performance-based restricted stock that vest upon achievement of performance metrics and service requirements.

2.Stock Option Grant: $1,000,000 (grant date value) in time-based stock options that vest ratably.

Congratulations on your new role!

        





CC: Crystal Williams
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