Complex sentence: The Nier Prize is named after Alfred O. C. Nier and is awarded annually by the Meteoritical Society and recognizes outstanding research in meteoritics and closely allied fields by young scientists.
Split into simpler sentences: The Nier Prize is named after Alfred O. C. Nier. It is awarded annually by the Meteoritical Society and recognizes outstanding research in meteoritics and closely allied fields by young scientists.