secwatch.observer — SEC 8-K summary
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Issuer:     Groupon, Inc. (GRPN)
CIK:        0001490281
Form:       8-K
Filed at:   2023-04-13T23:59:59+00:00
Accession:  0001490281-23-000035
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Groupon appoints Jiri Ponrt as CFO, replacing Damien Schmitz effective April 13, 2023
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- Jiri Ponrt named CFO, succeeding Damien Schmitz; effective April 13, 2023.
- Ponrt previously partner at Pale Fire Capital (Groupon's largest stockholder) and CFO of Alza.cz.
- Annual base salary of $450,000; eligible for 2023 target cash bonus of 100% of salary (max 150%).
- Award of 183,333 RSUs vesting 100% on April 13, 2024, subject to continued service.
- Schmitz to receive severance: 12 months base salary, COBRA, and accelerated equity vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490281/000149028123000035/0001490281-23-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490281/000149028123000035/grpn-20230413.htm
  HTML page:      https://secwatch.observer/filing/0001490281-23-000035

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