secwatch.observer — SEC 8-K summary
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Issuer:     Autodesk, Inc. (ADSK)
CIK:        0000769397
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000769397-22-000051
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Autodesk amends Executive Change in Control Program; severance calculations now based on target bonus
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- Compensation Committee approved amended Exec. Change in Control Program on April 27, 2022, effective immediately.
- Key change: severance cash component calculated using target bonus instead of average historical bonuses.
- Stub-year severance now based on target bonus rather than actual bonus achievement.
- Program will automatically terminate on Jan 31, 2027 unless Board extends.
- Conforming amendment to CEO Andrew Anagnost's employment agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/769397/000076939722000051/0000769397-22-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/769397/000076939722000051/adsk-20220427.htm
  HTML page:      https://secwatch.observer/filing/0000769397-22-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer