secwatch.observer — SEC 8-K summary
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Issuer:     INNODATA INC (INOD)
CIK:        0000903651
Form:       8-K
Filed at:   2022-03-16T23:59:59+00:00
Accession:  0001104659-22-034487
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Innodata awards $300K CEO bonus, raises COO salary, grants stock options
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- CEO Jack Abuhoff receives $300,000 cash bonus; COO Ashok Mishra receives $180,000 cash bonus.
- COO Mishra base salary increased from $300,000 to $400,000 effective April 1, 2022.
- Stock options granted: 832,926 shares to Abuhoff, 416,632 to Mishra, 110,000 to Chairman Toor at $4.99 exercise price.
- Options vest in full on January 1, 2025, with a 10-year term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903651/000110465922034487/0001104659-22-034487-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903651/000110465922034487/tm227267d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-034487

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