secwatch.observer — SEC 8-K summary
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Issuer:     ICU MEDICAL INC/DE (ICUI)
CIK:        0000883984
Form:       8-K
Filed at:   2022-04-20T23:59:59+00:00
Accession:  0000883984-22-000026
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ICU Medical amends CEO Vivek Jain's contract: base salary $775K, enhanced equity vesting
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- CEO Jain's base salary to $775,000 under amended employment agreement effective March 1, 2022 through March 2025.
- Upon involuntary termination, equity awards granted Jan 2020-Dec 2021 vest fully (performance at target).
- For termination near a change in control (60 days before to 2 years after), all time-based equity awards vest in full.
- Agreement term until March 1, 2025, with automatic one-year renewals unless 60 days' notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883984/000088398422000026/0000883984-22-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883984/000088398422000026/icui-20220415.htm
  HTML page:      https://secwatch.observer/filing/0000883984-22-000026

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