leadership
confidence high
sentiment neutral
materiality 0.50
Cloudflare adopts 2024 Key Executive Change in Control and Severance Policy effective Sept 13, 2024
Cloudflare, Inc.
- Named executive officers eligible for severance: 6 months base salary + 12 months COBRA for non-CIC termination.
- For CIC-related termination: 12 months base salary, prorated target bonus, 100% time-based equity vesting, 12 months COBRA.
- Policy effective Sept 13, 2024; no tax gross-ups; subject to clawback policy.
- Policy automatically terminates 5 years from effective date.