Inspirato CFO Neighbor departs; separation deal includes $900K severance, equity acceleration

Inspirato Inc

CFO R. Webster Neighbor separated July 15, 2023; separation agreement signed Aug 21, 2023.
Severance of $900,000 (2 years base salary) and $450,000 bonus (200% of target), paid in 48 bimonthly installments.
Accelerated vesting of 1,014,615 Class V shares and 252,736 RSUs; 512,149 RSUs forfeited.
Mutual non-disparagement, confidentiality, cooperation covenants; company officers also bound.
Conditions include general release of claims, return of property, and compliance with existing agreements.

item 5.02 item 9.01

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Departed

R. Webster Neighbor

Chief Financial Officer

Inspirato Inc

Filed: August 25, 2023, 7:59 PM ET

On August 21, 2023, Inspirato LLC, a wholly owned subsidiary of Inspirato Incorporated (the “Company”), and R. Webster Neighbor, the Company’s former Chief Financial Officer, entered into a Separation and Release Agreement (the “Separation Agreement”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

R. Webster Neighbor departed as Chief Financial Officer at Inspirato Inc.

Action: separated
Role: Chief Financial Officer

Exact text from the filing

On August 21, 2023, Inspirato LLC, a wholly owned subsidiary of Inspirato Incorporated (the “Company”), and R. Webster Neighbor, the Company’s former Chief Financial Officer, entered into a Separation and Release Agreement (the “Separation Agreement”).

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Source: SEC EDGAR

accession 0001104659-23-095329

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