secwatch.observer — SEC 8-K summary
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Issuer:     IZEA Worldwide, Inc. (IZEA)
CIK:        0001495231
Form:       8-K
Filed at:   2023-01-12T23:59:59+00:00
Accession:  0001495231-23-000017
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IZEA increases CFO Biere's salary to $320K, adds $25K RSUs and up to $144K bonus
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495231/000149523123000017/0001495231-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495231/000149523123000017/izea-20230109.htm
  HTML page:      https://secwatch.observer/filing/0001495231-23-000017

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