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CommScope (NASDAQ: COMM) grants $1.98M success bonus tied to CCS sale

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

CommScope Holding Company, Inc. disclosed a new success bonus arrangement for Koen ter Linde, Senior Vice President and President of its Connectivity and Cable Solutions (CCS) segment. On September 2, 2025, subsidiary CommScope, LLC entered into a Success Bonus Agreement that provides a $1,980,000 cash award if he remains employed through the closing of the previously announced sale of the CCS segment to Amphenol Corporation.

The bonus is to be paid within thirty days after the transaction closes and is forfeited if he resigns before closing or is terminated for cause. If Mr. ter Linde becomes entitled to this success bonus, he will not receive compensation or benefits under his existing Severance Protection Agreement in connection with his termination at the closing of the transaction.

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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): September 2, 2025

COMMSCOPE HOLDING COMPANY, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-36146

27-4332098

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

3642 E. US Highway 70

Claremont, North Carolina 28610

(Address of principal executive offices)

Registrant’s telephone number, including area code: (828) 459-5000

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, par value $0.01 per share

COMM

The NASDAQ Stock Market

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 September 2, 2025, CommScope, LLC, a subsidiary of CommScope Holding Company, Inc., a Delaware corporation (the “Company”) entered into a Success Bonus Agreement (the “Bonus Agreement”) with Koen ter Linde, its Senior Vice President and President, Connectivity and Cable Solutions (“CCS”).

As previously reported on a Form 8-K filed with the Commission on August 7, 2025, the Company and Amphenol Corporation, a Delaware corporation (“Amphenol”), have entered into a Purchase Agreement, pursuant to which Amphenol has agreed to purchase, and the Company has agreed to sell, the Company’s CCS reporting segment (the “Transaction”).

Pursuant to the terms of the Bonus Agreement, if Mr. ter Linde remains employed by the Company through the closing of the Transaction, the Company will pay Mr. ter Linde a cash award equal to $1,980,000 (the “Success Bonus”), less withholding for taxes and other similar items. The Success Bonus will be paid to Mr. ter Linde within thirty days following the closing. If Mr. ter Linde terminates his employment prior to the closing for any reason, or the Company terminates his employment for cause prior to the closing, Mr. ter Linde will not be entitled to receive the Success Bonus. In addition, if Mr. ter Linde becomes entitled to receive the Success Bonus, he will not be entitled to any compensation or benefits under his Severance Protection Agreement with the Company, dated as of May 18, 2023, in connection with his termination with the Company or its affiliates upon the closing of the Transaction.

 

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

Number: Description

10.1 Success Bonus Agreement, dated September 2, 2025, by and between CommScope, LLC and Koen ter Linde.

104 Cover page interactive data file (embedded within the inline XBRL document)

 


 

SIGNATURE

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.

 

CommScope Holding Company, Inc.

Date: September 3, 2025

By:

/s/ Krista R. Bowen

Name:

Krista R. Bowen

Title:

Senior Vice President, Chief Legal Officer

and Secretary

 

 


FAQ

What executive compensation change did COMM disclose in this 8-K?

CommScope reported a new Success Bonus Agreement for Koen ter Linde, President of the Connectivity and Cable Solutions segment, tied to the sale of that business to Amphenol.

How much is the success bonus for Koen ter Linde at CommScope (COMM)?

If conditions are met, Koen ter Linde will receive a $1,980,000 cash success bonus, subject to applicable tax withholdings and similar items.

What conditions must be met for the $1.98M bonus to be paid?

Mr. ter Linde must remain employed through the closing of the CCS segment sale to Amphenol. If he resigns for any reason or is terminated for cause before closing, he will not receive the bonus.

When will the CommScope success bonus be paid if earned?

The Success Bonus will be paid to Mr. ter Linde in cash within thirty days following the closing of the CCS segment sale transaction.

How does the success bonus affect Koen ter Linde’s severance protections at COMM?

If Mr. ter Linde becomes entitled to the Success Bonus, he will not be entitled to compensation or benefits under his Severance Protection Agreement in connection with his termination upon closing of the transaction.

What transaction is the CommScope (COMM) bonus linked to?

The bonus is linked to the previously announced sale of CommScope’s Connectivity and Cable Solutions reporting segment to Amphenol Corporation under an existing purchase agreement.
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