secwatch.observer — SEC 8-K summary
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Issuer:     electroCore, Inc. (ECOR)
CIK:        0001560258
Form:       8-K
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0001193805-24-000934
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Director Peter Cuneo reclassified to Class I; to become consultant after 2025 board term
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- F. Peter Cuneo resigned as Class III director and reappointed as Class I director, term expiring at 2025 Annual Meeting.
- He will not stand for reelection at 2025 meeting and will then serve as consultant to CEO for one year.
- Granted option to purchase 50,000 shares at $6.43/share, vesting monthly over 12 months.
- Consulting fee: $500/hour or $3,000/day for days over 6 hours; expenses reimbursed.
- Change is not due to any disagreement; Chairman role continues until 2025 meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560258/000119380524000934/0001193805-24-000934-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560258/000119380524000934/e663785_8k-electrocore.htm
  HTML page:      https://secwatch.observer/filing/0001193805-24-000934

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