Alignment Healthcare President & CBO Rajesh Shrestha to depart April 1, 2022

Alignment Healthcare, Inc.

Rajesh Shrestha's employment as President, New Markets and CBO terminated effective April 1, 2022; no disagreement cited.
Severance includes acceleration of RSUs based on closing price, 2021 bonus of $504,846 (80% paid on effective date), and COBRA premium payments for 11 months.
All other unvested options and RSUs cancelled; sign-on and relocation bonuses not required to be repaid.

item 5.02

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Departed

Rajesh Shrestha

President, New Markets and Chief Business Officer

ALHC · Alignment Healthcare, Inc.

Effective: 2022-04-01
Filed: March 25, 2022, 7:59 PM ET

mutually agreed to terminate his employment as President, New Markets and Chief Business Officer of the Company, effective as of April 1, 2022.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Rajesh Shrestha was terminated as President, New Markets and Chief Business Officer at Alignment Healthcare, Inc..

Action: terminated
Role: President, New Markets and Chief Business Officer

Exact text from the filing

mutually agreed to terminate his employment as President, New Markets and Chief Business Officer of the Company, effective as of April 1, 2022.

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Source: SEC EDGAR

accession 0000950170-22-004677

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