secwatch.observer — SEC 8-K summary
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Issuer:     Quantum-Si Inc (QSI)
CIK:        0001816431
Form:       8-K
Filed at:   2024-03-11T23:59:59+00:00
Accession:  0001140361-24-012640
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Quantum-Si amends CEO and CFO stock options with price-based vesting at $6-$12
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- CEO Jeffrey Hawkins: 1.5X Option (1.39M shares) and 3.5X Option (1.39M shares) amended with new performance vesting conditions.
- CFO Jeffry Keyes: 1X Option (500K shares) and 3X Option (500K shares) amended with similar vesting price targets.
- Vesting triggers: stock closing price ≥$6, $8, $10, or $12 for 20 of 30 consecutive trading days within 3 years from March 15, 2024.
- Amendments effective March 15, 2024, designed to align executive incentives with stock price performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816431/000114036124012640/0001140361-24-012640-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816431/000114036124012640/ef20023893_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-012640

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