secwatch.observer — SEC 8-K summary
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Issuer:     Invivyd, Inc. (IVVD)
CIK:        0001832038
Form:       8-K
Filed at:   2022-07-05T23:59:59+00:00
Accession:  0001193125-22-187977
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Adagio names David Hering permanent CEO with $600K salary, 2M share option; board overhauled
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- David Hering, previously interim CEO and COO, appointed permanent CEO and director effective July 5, 2022.
- Hering receives $600K base salary, 60% target bonus, and initial option grant for 2,000,000 shares vesting over 48 months.
- Eligible for additional option grant of up to 1,000,000 shares if performance goals achieved by Dec 31, 2022.
- Annual meeting elects Tamsin Berry, Marc Elia, Clive Meanwell to board; Marc Elia appointed board chair.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832038/000119312522187977/0001193125-22-187977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832038/000119312522187977/d304609d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-187977

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