secwatch.observer — SEC 8-K summary
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Issuer:     Arteris, Inc. (AIP)
CIK:        0001667011
Form:       8-K
Filed at:   2021-12-10T23:59:59+00:00
Accession:  0001193125-21-353839
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667011/000119312521353839/0001193125-21-353839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667011/000119312521353839/d251768d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-353839

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