secwatch.observer — SEC 8-K summary
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Issuer:     Fastly, Inc. (FSLY)
CIK:        0001517413
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001517413-23-000308
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastly modifies Artur Bergman's employment; base salary $500k, new equity grants
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- Base salary set at $500,000 effective Jan 1, 2024; annual target bonus $165,000.
- Granted 301,169 RSUs and option for 602,338 shares at $16.47 exercise price.
- Bergman may elect to reduce salary for RSUs or private aircraft reimbursement.
- Annual equity refresh eligibility beginning 2024; election between RSUs and options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517413/000151741323000308/0001517413-23-000308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517413/000151741323000308/fsly-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001517413-23-000308

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