secwatch.observer — SEC 8-K summary
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Issuer:     Aeva Technologies, Inc. (AEVA)
CIK:        0001789029
Form:       8-K
Filed at:   2022-05-27T23:59:59+00:00
Accession:  0001193125-22-162478
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aeva enters new employment agreements with CEO, CTO, and CFO with defined salaries and severance
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- CEO Soroush Dardashti receives base salary $550K, 2021 bonus $550K, target bonus 100% of base.
- President/CTO Mina Rezk receives base $550K, 2021 bonus $1M, relocation allowance $130K plus $30K/month for 36 months.
- CFO Saurabh Sinha receives base $450K, 2021 bonus $210K, target bonus 65% of base.
- Severance: 12 months salary (9 for CFO) plus target bonus, COBRA, and acceleration of time-based equity for termination without cause or good reason; enhanced in change of control.
- CEO pay ratio for 2021: CEO total comp $2,013,300, median employee $208,228, ratio 10:1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789029/000119312522162478/0001193125-22-162478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789029/000119312522162478/d362193d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-162478

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