secwatch.observer — SEC 8-K summary
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Issuer:     Phreesia, Inc. (PHR)
CIK:        0001412408
Form:       8-K
Filed at:   2021-08-20T23:59:59+00:00
Accession:  0001412408-21-000071
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Phreesia modifies bonus plan; NEOs can elect RSU grant at 115% of earned bonus value
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- Compensation Committee approved changes to Variable Compensation Plan on August 18, 2021.
- Eligible employees including NEOs may elect to receive 70% of total bonus as RSUs valued at 115% of earned bonus instead of cash.
- RSUs are fully vested on grant date; CEO may impose a holding period on NEOs' shares after tax withholding.
- RSU grants will be made under the 2019 Stock Option and Incentive Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1412408/000141240821000071/0001412408-21-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1412408/000141240821000071/phr-20210818.htm
  HTML page:      https://secwatch.observer/filing/0001412408-21-000071

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