secwatch.observer — SEC 8-K summary
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Issuer:     CODEXIS, INC. (CDXS)
CIK:        0001200375
Form:       8-K
Filed at:   2022-07-18T23:59:59+00:00
Accession:  0001193125-22-196352
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Codexis appoints Dr. Stephen Dilly as CEO, succeeding John Nicols who retires
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- Dr. Stephen Dilly appointed President & CEO effective Aug 9, 2022; replaces John Nicols retiring Aug 8.
- Dilly gets $710k base salary, 75% target bonus, $200k sign-on bonus, 700k options, 340k PSUs.
- Nicols to serve as strategic advisor for 2 years: $40k/month (year 1), $20k/month (year 2); remains on board until 2023 annual meeting.
- Board reconstituted Audit Committee; Byron Dorgan appointed to fill Dilly's prior seat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1200375/000119312522196352/0001193125-22-196352-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1200375/000119312522196352/d349675d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-196352

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