secwatch.observer — SEC 8-K summary
======================================

Issuer:     Arteris, Inc. (AIP)
CIK:        0001667011
Form:       8-K
Filed at:   2022-04-05T23:59:59+00:00
Accession:  0001193125-22-096324
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Arteris appoints Claudia Fan Munce to board; Christian Claussen not standing for reelection
--------------------------------------------------------------------------------

- Board size increased from 7 to 8; Claudia Fan Munce appointed effective May 1, 2022 as Class III director and NCG Committee member.
- Munce is Venture Advisor at NEA and former Managing Director at IBM Venture Capital Group; also serves on Best Buy and Bank of the West boards.
- Non-employee director compensation: $55,000 annual retainer (pro-rated) plus initial RSU award of $300,000 based on 30-day average stock price.
- Christian Claussen will not stand for reelection at June 14, 2022 annual meeting; departure not due to any disagreement with the Company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667011/000119312522096324/0001193125-22-096324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667011/000119312522096324/d341234d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-096324

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