secwatch.observer — SEC 8-K summary
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Issuer:     DOMO, INC. (DOMO)
CIK:        0001505952
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001505952-23-000007
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Three Domo directors resign; CTO Thayne receives confirmatory letter with $400K salary
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- Jay Brown resigned from board effective Jan 27; Dana Evan and Joy Driscoll Durling resigned effective March 1, no disagreements.
- CTO Daren Thayne entered confirmatory employment letter with base salary of $400,000 and target bonus of $325,000.
- Thayne eligible for future equity awards and a Change in Control and Severance Agreement.
- Employment remains at-will; prior severance arrangements superseded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505952/000150595223000007/0001505952-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505952/000150595223000007/domo8k-20230127.htm
  HTML page:      https://secwatch.observer/filing/0001505952-23-000007

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