secwatch.observer — SEC 8-K summary
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Issuer:     DOMO, INC. (DOMO)
CIK:        0001505952
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001505952-22-000015
Event type: other
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Domo board approves CEO and COO compensation changes including PSUs with stock price targets
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- CEO base salary set at $450k; FY2023 bonus opportunity $425k; 167,223 RSUs (incl. 47,778 promotion grant).
- COO base salary set at $450k; FY2023 bonus opportunity $325k; 142,139 RSUs (incl. 53,750 promotion grant).
- CEO awarded 71,667 performance-based RSUs vesting at 30-day VWAP targets of $60, $70, and $90 per share.
- RSUs vest over 4 years (25% at year one, then quarterly); PSUs have time- and performance-based requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505952/000150595222000015/0001505952-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505952/000150595222000015/domo8k-20220422.htm
  HTML page:      https://secwatch.observer/filing/0001505952-22-000015

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