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

Issuer:     InnovAge Holding Corp. (INNV)
CIK:        0001834376
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001104659-21-137649
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InnovAge appoints Patrick Blair as President, effective Dec 1, 2021
-------------------------------------------------------------------

- Blair will oversee operations, clinical, sales, marketing, and center development; expansion into 3 new sites in FY2023.
- Employment terms: $750K base salary, target bonus 100% of base, $600K sign-on cash bonus.
- Equity awards: $10.5M stock options and $3.5M RSUs, with performance vesting at $15 and $21 per share.
- Blair previously Group President at BAYADA Home Health Care and SVP at Anthem, Inc.
- Stock price as of Nov 10, 2021 used for grant calculation; closing price not disclosed in filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834376/000110465921137649/0001104659-21-137649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834376/000110465921137649/tm2132692d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-137649

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