Arteris raises CEO and CFO base salaries and target bonuses; director Geday transitions to consultant

Arteris, Inc.

CEO Janac base salary to $370,000 from $315,100, effective Nov 1, 2021; CFO Hawkins to $313,200 from $293,200.
Janac's target bonus increased to 92% of base salary from 35%, and Hawkins' to 52% from 35%, effective Jan 1, 2022.
Director Isabelle Geday transitions to consultant role effective Dec 1, 2021 with three-year consulting agreement.
Geday to receive $26,445 monthly for first 12 months, then $19,445 monthly for remaining 24 months.
Geday remains eligible for Non-Employee Director Compensation Program as a board member.

item 5.02 item 9.01

Executive movements

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Role change

Isabelle Geday

Consultant

AIP · Arteris, Inc.

Effective: 2021-12-01
Filed: December 10, 2021, 6:59 PM ET

effective as of December 1, 2021, Isabelle Geday, a member of the Board and a named executive officer, transitioned to a consulting role with the Company and entered into a consulting agreement with the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Isabelle Geday changed role as Consultant at Arteris, Inc..

Action: transitioned to a consulting role
Role: Consultant

Exact text from the filing

effective as of December 1, 2021, Isabelle Geday, a member of the Board and a named executive officer, transitioned to a consulting role with the Company and entered into a consulting agreement with the Company.

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Arteris, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-21-353839

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