other material
confidence high
sentiment neutral
materiality 0.60
Creatd awards 19.25M equity shares and $218k cash bonuses to officers and directors
Creatd, Inc.
- CEO Jeremy Frommer receives 10.69M shares; COO Justin Maury 5.89M shares; CFO Chelsea Pullano 1.66M shares, subject to lock-up and volume restrictions.
- Cash bonuses: $125,000 to Frommer, $62,500 to Maury, $31,250 to Pullano, payable at discretion of Compensation Committee.
- Monthly housing stipends of $6,300 to Frommer and Maury.
- Non-employee directors get $140k annual cash and $140k in common stock; Peter Majar gets 1.7M shares, Erica Wagner 1M shares with lock-up.
- Audit committee chair additional $20k cash and $20k in stock annually.