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

Issuer:     RAMBUS INC (RMBS)
CIK:        0000917273
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001193125-22-208704
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rambus appoints Desmond Lynch as CFO; interim CFO Keith Jones resigns effective Aug 5
--------------------------------------------------------------------------------

- Desmond Lynch appointed SVP, Finance and CFO effective August 1, 2022; reports to CEO Luc Seraphin.
- Lynch was previously VP, Finance at Rambus since 2020; brings 20+ years finance and semiconductor experience.
- Annual base salary $350,000, target bonus 75% of salary, long-term equity incentive up to $1,225,000.
- Keith Jones resigns as interim CFO effective Aug 5, 2022 to pursue another opportunity; no disagreement with company.
- Lynch eligible for change-of-control severance: 100% base salary, 100% target bonus, full equity vesting, 12-month COBRA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917273/000119312522208704/0001193125-22-208704-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917273/000119312522208704/d316117d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-208704

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