---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-097010"
form_type: "8-K/A"
ticker: "MMSI"
cik: "0000856982"
company_name: "MERIT MEDICAL SYSTEMS INC"
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T18:15:27.813117+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Merit Medical finalizes separation with ex-COO Frost; $1.2M lump sum, PSUs terminated

## Summary
- Separation agreement executed Aug 26, 2022; Frost's employment ended that date.
- Lump-sum payment of $1,200,000; all outstanding performance stock unit awards terminated.
- Frost may receive contingent cash payments based on 2020 Three-Year and 2021 Two-Year PSU criteria.
- Company to pay COBRA premiums through Feb 29, 2024, or until new coverage.
- One-year non-solicit of employees and customers; confidentiality obligations.

## SEC filing metadata
- accession: 0001104659-22-097010
- form_type: 8-K/A
- ticker: MMSI
- cik: 0000856982
- company_name: MERIT MEDICAL SYSTEMS INC
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/856982/000110465922097010/0001104659-22-097010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/856982/000110465922097010/tm2224935d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-097010
- JSON: https://secwatch.observer/filing/0001104659-22-097010.json
- Plain text: https://secwatch.observer/filing/0001104659-22-097010.txt

## Key facts
- Executive change
  Ronald A. Frost departed as Chief Operating Officer at MERIT MEDICAL SYSTEMS INC.
  - Action: separated
  - Role: Chief Operating Officer
  source text: On August 26, 2022, the Company and Ronald A. Frost entered into a Separation Agreement setting forth the terms and conditions of his separation from the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/856982/000110465922097010/0001104659-22-097010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.