leadership
confidence high
sentiment neutral
materiality 0.50
IZEA increases CFO Biere's salary to $320K, adds $25K RSUs and up to $144K bonus
IZEA Worldwide, Inc.
- Effective Jan 9, 2023, CFO Biere's annual base salary set at $320,000.
- Annual RSU grant valued at $25,000, vesting 25% after one year then monthly over 3 years, capped at 100,000 shares.
- Quarterly cash bonuses based on revenue; annual performance-based cash bonus up to $144,000 paid quarterly.
- If RSU value limited by 100,000 share cap, Biere receives cash difference.
- Amendment modifies original April 2021 agreement and first amendment from Jan 2022.