secwatch.observer — SEC 8-K summary
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Issuer:     CODEXIS, INC. (CDXS)
CIK:        0001200375
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001193125-24-241035
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Codexis CFO Sriram Ryali departs; enters separation agreement with 75% target bonus and consulting
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- CFO Sriram Ryali ceased service on Sep 30, 2024; separation agreement entered on Oct 16, 2024.
- Ryali receives severance per existing change of control agreement and a bonus equal to 75% of his target bonus for FY2024.
- Ryali to provide transitional consulting on as-needed basis through Feb 28, 2025, with hourly fee and equity vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1200375/000119312524241035/0001193125-24-241035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1200375/000119312524241035/d864955d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-241035

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