secwatch.observer — SEC 8-K summary
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Issuer:     Gevo, Inc. (GEVO)
CIK:        0001392380
Form:       8-K
Filed at:   2024-08-16T23:59:59+00:00
Accession:  0001104659-24-090361
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gevo amends CEO Gruber and Pres. Ryan agreements; adds pacts for officers Bloom, Bowron
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- CEO Gruber: $650k base salary, 100% target bonus, severance 24 months salary + 2x bonus, 18 months COBRA; single-trigger change-in-control vesting eliminated.
- COO Ryan: $431.6k base, 80% target bonus, severance 12 months salary + 1x bonus, 18 months COBRA.
- New agreements for Paul Bloom ($407k base, 80% target bonus) and Kimberly Bowron ($333.3k base, 65% target bonus); severance 6 months salary (12 months near change-in-control).
- Each executive receives 10,000 restricted shares for non-compete; non-compete periods are 2 years for Gruber/Ryan, 18 months for Bloom/Bowron.
- Agreements include retirement transition provisions allowing continued equity vesting and consulting fees for up to 2 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1392380/000110465924090361/0001104659-24-090361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1392380/000110465924090361/tm2421638d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-090361

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