FIGS CFO Jeffrey Lawrence to retire Dec 24; Daniella Turenshine appointed as successor

FIGS, Inc.

Jeffrey Lawrence retires as CFO effective Dec 24, 2021; he joined in Dec 2020 to lead the IPO.
Daniella Turenshine, SVP of Finance and Strategy since 2018, named CFO effective same date.
Turenshine receives $500K base salary, $300K target bonus, and $10M each in stock options and RSUs.
Lawrence receives 12-month salary continuation, COBRA, and accelerated vesting of 275,000 option shares.
Turenshine's equity grants vest over 4 years; full acceleration upon qualifying termination after change of control.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Daniella Turenshine

Chief Financial Officer

FIGS · FIGS, Inc.

Effective: 2021-12-24
Filed: December 10, 2021, 6:59 PM ET

On December 9, 2021, the Board of Directors (the “ Board ”) of the Company appointed Daniella Turenshine as Chief Financial Officer of the Company, effective as of the Effective Date.

Departed

Jeffrey D. Lawrence

Chief Financial Officer

FIGS · FIGS, Inc.

Effective: 2021-12-24
Successor: Daniella Turenshine
Filed: December 10, 2021, 6:59 PM ET

On December 9, 2021, Jeffrey D. Lawrence notified FIGS, Inc. (the “ Company ” or “ FIGS ”) that he will be retiring from his position as Chief Financial Officer of the Company, effective December 24, 2021

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Daniella Turenshine was appointed as Chief Financial Officer at FIGS, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On December 9, 2021, the Board of Directors (the “ Board ”) of the Company appointed Daniella Turenshine as Chief Financial Officer of the Company, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jeffrey D. Lawrence retired as Chief Financial Officer at FIGS, Inc..

Action: retired
Role: Chief Financial Officer

Exact text from the filing

On December 9, 2021, Jeffrey D. Lawrence notified FIGS, Inc. (the “ Company ” or “ FIGS ”) that he will be retiring from his position as Chief Financial Officer of the Company, effective December 24, 2021

View on SEC.gov

FIGS, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-21-353268

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