secwatch.observer — SEC 8-K summary
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Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001193125-24-100750
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312524100750/0001193125-24-100750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312524100750/d805211d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-100750

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