secwatch.observer — SEC 8-K summary
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Issuer:     CODEXIS, INC. (CDXS)
CIK:        0001200375
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001193125-23-024153
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CFO Ross Taylor departs Codexis with severance: 12 months salary, 85% of FY2022 bonus
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- Ross Taylor ceased as CFO effective Jan 23, 2023; will provide transition services until March 6, 2023.
- Severance includes 12 months base salary, 85% of FY2022 target bonus (if unpaid), and up to 12 months healthcare coverage.
- All unvested equity awards forfeited upon termination; during transition, base salary and vesting continue.
- New CFO not yet named; CEO Stephen Dilly oversees transition period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1200375/000119312523024153/0001193125-23-024153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1200375/000119312523024153/d447072d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-024153

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