secwatch.observer — SEC 8-K summary
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Issuer:     CHIMERIX INC (—)
CIK:        0001117480
Form:       8-K
Filed at:   2023-12-04T23:59:59+00:00
Accession:  0001117480-23-000030
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chimerix promotes Michelle LaSpaluto to CFO effective Dec 1, 2023; $405K salary, 40% bonus target
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- Michelle LaSpaluto, previously VP of Corporate Financial Planning & IR, named CFO effective December 1, 2023.
- Base salary of $405,000 per year; discretionary annual bonus target of 40% of base salary.
- Granted option to purchase 17,000 shares vesting monthly over four years at grant-date closing price.
- Severance under Officer Severance Benefit Plan: 12 months base salary, COBRA, and accelerated vesting tied to change-of-control.
- LaSpaluto has over 25 years of financial experience; joined Chimerix in 2011.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117480/000111748023000030/0001117480-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117480/000111748023000030/cmrx-20231129.htm
  HTML page:      https://secwatch.observer/filing/0001117480-23-000030

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