secwatch.observer — SEC 8-K summary
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Issuer:     DecisionPoint Systems, Inc. (—)
CIK:        0001505611
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001213900-23-059867
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DecisionPoint Systems appoints Melinda Wohl as CFO with $250K base salary
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- Melinda Wohl named CFO effective July 20, 2023; initial term ends Dec 31, 2025.
- Base salary $250K; eligible for annual bonus up to lower of 20% of base or $50K.
- Severance: 8 months base salary (12 months if within 1 year after change of control).
- Unvested equity accelerates on termination without cause within 1 year after change of control.
- Restrictive covenants include non-solicitation of commercial partners and employees for 12 months post-employment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505611/000121390023059867/0001213900-23-059867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505611/000121390023059867/ea182298-8k_decision.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-059867

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