secwatch.observer — SEC 8-K summary
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Issuer:     SYNLOGIC, INC. (SYBX)
CIK:        0001527599
Form:       8-K
Filed at:   2023-12-29T23:59:59+00:00
Accession:  0000950170-23-073825
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synlogic amends CEO and COO severance agreements, extending change-in-control benefits
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- CEO Aoife Brennan's severance period extended from 12 to 18 months after a change-in-control termination.
- COO Antoine Awad's severance period extended from 6 to 12 months after a change-in-control termination.
- Both executives receive 100% target bonus lump sum, COBRA coverage up to 18/12 months, and accelerated equity vesting.
- Amendments executed December 26, 2023, and filed as Exhibits 10.1 and 10.2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527599/000095017023073825/0000950170-23-073825-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527599/000095017023073825/sybx-20231229.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-073825

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