secwatch.observer — SEC 8-K summary
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Issuer:     Groupon, Inc. (GRPN)
CIK:        0001490281
Form:       8-K
Filed at:   2021-10-13T23:59:59+00:00
Accession:  0001490281-21-000112
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Groupon CFO Melissa Thomas resigning; Damien Schmitz appointed Interim CFO
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- CFO Melissa Thomas resigns effective Nov 4, 2021 to pursue another opportunity; no disagreement with company.
- Damien Schmitz appointed Interim CFO effective Nov 5, 2021; previously SVP Finance since Oct 2021.
- Schmitz receives monthly stipend of $18,750 on top of base salary for serving as Interim CFO.
- One-time RSU grant valued at $300,000 vesting 100% on Aug 15, 2022, plus $162,500 cash bonus.
- Severance: 12 months salary, COBRA, equity acceleration if terminated without cause or in change of control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490281/000149028121000112/0001490281-21-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490281/000149028121000112/grpn-20211006.htm
  HTML page:      https://secwatch.observer/filing/0001490281-21-000112

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