other material
confidence high
sentiment neutral
materiality 0.55
DocuSign makes permanent enhanced severance for CFO, President, and General Counsel
DOCUSIGN, INC.
- Compensation Committee approved permanent severance enhancements for CFO Blake Grayson, President Robert Chatwani, and Chief Legal Officer James Shaughnessy.
- Outside change in control: 12 months salary, 100% target bonus, 12 months COBRA, 12 months equity vesting acceleration.
- During change in control: same salary, bonus, COBRA plus 100% equity acceleration of all time-based awards.
- Agreements replace temporary enhancements that were set to expire on December 31, 2024.