Noodles & Company EVP/GC Melissa Heidman departs; severance includes $515K salary, RSU vesting

NOODLES & Co

Melissa Heidman, EVP, General Counsel & Secretary, departs effective July 2, 2024.
Severance includes 18 months base salary ($515,366) paid over 18 months.
Also receives lump sum COBRA payment of $37,842 and prorated 2024 annual bonus (6 months).
Vesting of 34,899 pre-2024 restricted stock units; all other unvested RSUs and PSUs forfeited.
Company and Heidman executed separation agreement with mutual releases; no replacement named.

item 5.02

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Departed

Melissa Heidman

Executive Vice President, General Counsel and Secretary

NDLS · NOODLES & Co

Effective: 2024-07-02
Filed: June 25, 2024, 7:59 PM ET

On June 25, 2024, Noodles & Company ("the Company") announced the departure of Melissa Heidman, its Executive Vice President, General Counsel and Secretary, effective July 2, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Melissa Heidman departed as Executive Vice President, General Counsel and Secretary at NOODLES & Co.

Action: departure
Role: Executive Vice President, General Counsel and Secretary

Exact text from the filing

On June 25, 2024, Noodles & Company ("the Company") announced the departure of Melissa Heidman, its Executive Vice President, General Counsel and Secretary, effective July 2, 2024.

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NOODLES & Co filing history →

Source: SEC EDGAR

accession 0001275158-24-000072

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