secwatch.observer — SEC 8-K summary
======================================

Issuer:     FiscalNote Holdings, Inc. (NOTE)
CIK:        0001823466
Form:       8-K
Filed at:   2023-06-12T23:59:59+00:00
Accession:  0000950170-23-027323
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

FiscalNote adopts 2023 short-term incentive plan for execs with revenue and EBITDA metrics
--------------------------------------------------------------------------------

- Plan weights: 40% GAAP Revenue, 20% Run Rate Revenue, 40% Adjusted EBITDA.
- Payout ranges from 60% of target at threshold to 140% at max; linear interpolation.
- Committee may adjust bonus up to ±10% based on individual performance and DEIBA goals.
- No payout for performance below threshold; no extra above maximum.
- Administered by Compensation Committee with discretion to adjust targets for material events.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823466/000095017023027323/0000950170-23-027323-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823466/000095017023027323/note-20230606.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-027323

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