CFO Jeffrey C. Davison retires effective June 30, 2021; severance includes base salary and bonus accrual

MITEK SYSTEMS INC

Retirement effective June 30, 2021; Agreement signed June 29, 2021.
Receives lump sum equal to 100% of annual base salary now in effect.
Receives lump sum for accrued 2021 bonus at plan and at target through retirement date.
Also receives lump sum equal to 12 months COBRA continuation premiums for medical, vision, dental.

item 5.02 item 5.01 item 9.01

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Departed

Jeffrey C. Davison

Chief Financial Officer

MITK · MITEK SYSTEMS INC

Effective: 2021-06-30
Filed: July 1, 2021, 7:59 PM ET

On June 29, 2021, Mr. Davison and the Company entered into an Agreement and General Release of Claims (the "Agreement"), which became effective as of June 30, 2021 (the "Retirement Date").

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey C. Davison retired as Chief Financial Officer at MITEK SYSTEMS INC.

Action: retired
Role: Chief Financial Officer

Exact text from the filing

On June 29, 2021, Mr. Davison and the Company entered into an Agreement and General Release of Claims (the "Agreement"), which became effective as of June 30, 2021 (the "Retirement Date").

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MITEK SYSTEMS INC filing history →

Source: SEC EDGAR

accession 0000807863-21-000078

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