secwatch.observer — SEC 8-K summary
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Issuer:     CS Disco, Inc. (LAW)
CIK:        0001625641
Form:       8-K
Filed at:   2022-05-20T23:59:59+00:00
Accession:  0001193125-22-156159
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CS Disco grants CEO Kiwi Camara 4.37M share performance option tied to stock price milestones up to $900
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- Grant of 4,366,966 shares (7.5% of outstanding) to CEO Kiwi Camara, subject to stockholder approval at July 12, 2022 annual meeting.
- Option vests in six tranches with stock price milestones: $150, $300, $450, $600, $750, $900 per share; current price ~$24.71.
- Exercise price is the greater of $32 (IPO price) or closing price on grant date (May 25, 2022).
- No additional equity grants to Camara while award in effect; award expires if stockholder approval not obtained.
- Company retains Alliance Advisors for proxy solicitation at ~$25,000 fee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625641/000119312522156159/0001193125-22-156159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625641/000119312522156159/d357577d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-156159

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