secwatch.observer — SEC 8-K summary
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Issuer:     Energous Corp (WATT)
CIK:        0001575793
Form:       8-K
Filed at:   2021-12-09T23:59:59+00:00
Accession:  0001193125-21-352765
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energous appoints Cesar Johnston as permanent CEO effective Dec 6, 2021
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- Cesar Johnston appointed CEO effective Dec 6, 2021; was acting CEO since July 23, 2021.
- Base salary $400k; eligible for discretionary annual bonus up to 100% of salary beginning 2022.
- Sign-on bonus $120k in two installments; RSU grant of 150k shares; option to buy 300k shares.
- Performance share units of up to 287k; additional 25k per year for outperformance 2022-2024.
- Press release cites recent regulatory approvals for WattUp in Asia, U.S. FCC (10W up to 1m), and Europe.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575793/000119312521352765/0001193125-21-352765-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575793/000119312521352765/d297628d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-352765

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