other material
confidence high
sentiment neutral
materiality 0.40
Byrna adopts exec severance plan; annual meeting elects directors, ratifies auditor, approves say-on-pay
Byrna Technologies Inc.
- Severance plan designates CFO, CMO, COO as Tier 2 participants (1x salary non-CIC; 1.5x salary+bonus CIC).
- Non-CIC severance: 1x salary paid monthly for 12 months, 12 months COBRA reimbursement.
- CIC severance: 1.5x (salary+target bonus) lump sum, 18 months COBRA, full equity acceleration at target.
- Annual meeting: all five director nominees elected (approx 12.8M for, 3.1M against; 2.9M broker non-votes).
- Ratification of EisnerAmper auditor (15.9M for, 2.9M against) and say-on-pay (12.8M for, 3.0M against) also passed.