secwatch.observer — SEC 8-K summary
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Issuer:     Fastly, Inc. (FSLY)
CIK:        0001517413
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001517413-21-000183
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastly appoints Richard Daniels and Vanessa Smith to board; directors Dhaliwal and Wright resign
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- Sunil Dhaliwal and Kelly Wright resigned from board, not due to any disagreement.
- Richard Daniels (ex-CIO, Kaiser Permanente) and Vanessa Smith (SVP, ServiceNow) elected directors effective Nov 1, 2021.
- Board amended Non-Employee Director Compensation Policy: annual RSUs now vest quarterly over one year.
- New directors receive $30k cash retainer, $400k RSU grant vesting one year; Daniels on Audit, Smith on Nominating/Governance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517413/000151741321000183/0001517413-21-000183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517413/000151741321000183/fsly-20211028.htm
  HTML page:      https://secwatch.observer/filing/0001517413-21-000183

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