OSI SYSTEMS INC 10-Q

ITEM 5. OTHER INFORMATION ​ On April 28, 2021, our Compensation Committee approved an amendment to our long-term incentive program as applicable to our Chief Executive Officer to extend the program to include fiscal years 2022 and 2023 and to increase for the current and all remaining performance periods the potential additional shares that our Chief Executive Officer can earn under the compound annual operating income growth metric in accordance with the chart below. Ninety percent of any additional shares earned under the program will vest on the date such shares are granted, and ten percent will vest on the one-year anniversary of the date such shares are granted. ​ ​ ​ ​ ​ ​ Operating Income Metric ​ ​ Potential ​ ​ ​ Additional Shares CAGR EBIT ​ as % of Initial Growth ​ Grant ​ 9.5 % 70 % ​ 10.0 % 80 % ​ 10.5 % 90 % ​ 11.0 % 100 % ​ ​ 33 Table of Contents ITEM 6. EXHIBITS ​ Exhibit Number Description 31.1 ​ Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 ​ ​ ​ 31.2 ​ Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 ​ ​ ​ 32.1 ​ Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 ​ ​ ​ 32.2 ​ Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 ​ ​ ​ 101.INS ​ XBRL Instance Document ​ ​ ​ 101.SCH ​ Inline XBRL Taxonomy Extension Schema ​ ​ ​ 101.CAL ​ Inline XBRL Taxonomy Extension Calculation Linkbase ​ ​ ​ 101.DEF ​ Inline XBRL Taxonomy Extension Definition Linkbase ​ ​ ​ 101.LAB ​ Inline XBRL Taxonomy Extension Label Linkbase ​ ​ ​ 101.PRE ​ Inline XBRL Taxonomy Extension Presentation Linkbase ​ ​ ​ 104 ​ Cover Page Interactive Data File (formatted as Inline XBRL with applicable taxonomy extension information contained in Exhibits 101) ​ ​ 34 Table of Contents 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 thereunto duly authorized, in the City of Hawthorne, State of California on the 30 th day of April 2021. ​ ​ OSI SYSTEMS, INC. ​ ​ ​ ​ By: /s/ Deepak Chopra ​ ​ Deepak Chopra ​ ​ President and Chief Executive Officer ​ ​ (Principal Executive Officer) ​ ​ ​ ​ By: /s/ Alan Edrick ​ ​ Alan Edrick ​ ​ Executive Vice President and Chief Financial Officer ​ ​ (Principal Financial and Accounting Officer) ​ ​ 35