secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0001386278-21-000046
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot appoints George Gresham as CFO and COO, effective Oct 21, 2021
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- George Gresham appointed CFO and COO and named to Board, effective October 21, 2021.
- Annual base salary of $650,000; target annual bonus equal to 125% of base salary (0-200% payout range).
- Initial equity awards: 300,000 stock-price PSUs, $2.25M performance RSUs, $750K time-based RSUs, vesting over 3 years.
- Five-year employment term with auto-renew; severance includes 1x salary+bonus (1.5x on change of control), plus COBRA and equity vesting.
- Gresham previously served on Green Dot board (2016-2019) and was CFO of NetSpend (2010-2013).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627821000046/0001386278-21-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627821000046/gdot-20211021.htm
  HTML page:      https://secwatch.observer/filing/0001386278-21-000046

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