Identiv CFO gets base salary raise to $345k, enhanced severance; contingent equity grants to President and CFO

Identiv, Inc.

CFO Justin Scarpulla's annual base salary increased from $325k to $345k effective April 1, 2024.
If terminated without Cause, Scarpulla now receives 12 months base salary, benefits, and 6 months RSU vesting.
Contingent on stockholder approval: President Newquist gets 200k RSUs (4-year vest) and 200k PRSUs; CFO Scarpulla gets 62.5k RSUs (24-month vest) and 62.5k PRSUs.
Also contingent on closing of asset sale: CFO Scarpulla receives 65k fully vested RSUs if employed through closing.

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