secwatch.observer — SEC 8-K summary
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Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2023-10-11T23:59:59+00:00
Accession:  0001193125-23-254196
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Identiv raises CEO base salary to $550k, approves 365k RSUs upon change of control
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- CEO Steven Humphreys' annual base salary increased to $550,000 effective Sept 1, 2023; paid in stock.
- Quarterly bonus target of $100,000 established effective Oct 1, 2023, based on Board-set metrics.
- Board approves conditional grant of 365,000 fully vested RSUs upon a corporate event before Oct 4, 2027.
- RSUs replace prior similar commitment that expired in August 2023.
- Compensation continues to be paid in common stock except for tax withholdings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312523254196/0001193125-23-254196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312523254196/d530926d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-254196

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