secwatch.observer — SEC 8-K summary
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Issuer:     SOBR Safe, Inc. (SOBR)
CIK:        0001425627
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001477932-23-000733
Event type: other
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SOBR Safe enters CEO employment agreement with David Gandini; $300K base salary through Dec 2025
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- CEO David Gandini receives $300,000 annual base salary; bonus at least 30% of base under Annual Bonus Plan.
- Term runs January 30, 2023 through December 31, 2025; auto-renewal for one-year terms unless notice given.
- Severance equal to one year of base salary if terminated without cause or for good reason, subject to release.
- Unvested equity accelerates upon termination without cause or for good reason; change of control triggers full vesting.
- Equity grants and salary adjustments determined by Compensation Committee and Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425627/000147793223000733/0001477932-23-000733-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425627/000147793223000733/sobr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-000733

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