Quantum-Si EVP McKenna to separate effective July 31, 2023; receives $337,500 severance

Quantum-Si Inc

Dr. Michael P. McKenna, EVP Product Development and Operations, leaves on July 31, 2023.
Separation pay of $337,500 (9 months severance) plus COBRA coverage through April 30, 2024.
227,083 stock options vest; 747,656 RSA and 44,862 RSUs vest; remaining 622,917 options and 34,888 RSUs forfeited.
Agreement includes standard release, non-disparagement, and cooperation clauses.

item 5.02 item 9.01

Executive movements

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Departed

Michael P. McKenna

Executive Vice President, Product Development and Operations

QSI · Quantum-Si Inc

Effective: 2023-07-31
Filed: July 20, 2023, 7:59 PM ET

As previously disclosed, Dr. McKenna will transition out of his role as of July 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael P. McKenna changed role as Executive Vice President, Product Development and Operations at Quantum-Si Inc.

Action: transitioned out of his role
Role: Executive Vice President, Product Development and Operations

Exact text from the filing

As previously disclosed, Dr. McKenna will transition out of his role as of July 31, 2023.

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Quantum-Si Inc filing history →

Source: SEC EDGAR

accession 0001140361-23-035248

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