secwatch.observer — SEC 8-K summary
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Issuer:     Inspirato Inc (—)
CIK:        0001820566
Form:       8-K
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0001104659-24-090177
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspirato enters $10M investment from One Planet Group, appoints Payam Zamani CEO
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- Tranche 1 closed Aug 13: 1,335,271 shares for $4.58M; Tranche 2 of $5.42M + 2,915,451 warrants contingent on stockholder approval.
- CEO Eric Grosse steps down; Payam Zamani (founder/CEO of One Planet Group) appointed CEO and Chairman.
- Brad Handler steps down as Chairman; John Melicharek resigns; David Kallery and May Samali appointed directors.
- Zamani receives $1 annual salary, 500K time-vest RSUs, and 500K performance RSUs vesting at $15 stock price.
- Handler severance $216K; Grosse severance $555K plus 166,667 RSUs; both with COBRA subsidy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820566/000110465924090177/0001104659-24-090177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820566/000110465924090177/tm2421594d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-090177

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