leadership
confidence high
sentiment neutral
materiality 0.55
Former CFO Fay Sien Goon separation finalized; $450K severance plus prorated bonus
APPFOLIO INC
- Fay Sien Goon's employment terminated Oct 25, 2024; separation agreement dated Nov 8, 2024, effective Nov 16, 2024.
- Goon receives $450,000 lump sum (12 months base salary) and $367,397 prorated 2024 bonus.
- Company pays COBRA premiums for Goon and dependents up to 12 months; executive medical reimbursement extended to Mar 31, 2025.
- Outstanding unvested RSUs/PRSUs treated per Equity Award Treatment in Goon's employment agreement.
- Separation benefits conditioned on release of claims and continued compliance with restrictive covenants.