other material
confidence high
sentiment neutral
materiality 0.55
eGain sets CEO variable comp at $100K, CFO base to $320K; grants 300K options to CEO pending shareholder vote
EGAIN Corp
- CEO Ashutosh Roy receives $100K variable annual cash comp; base salary unchanged.
- CFO Eric Smit base salary raised to $320K from $310K; variable comp increased to $130K from $90K.
- Board grants stock options at $11.36/share to executives: CEO 300K, CFO 160K, Product head 115K, pending stockholder approval.
- Non-employee directors each granted 40K options at $11.36/share, vesting over 48 months, subject to stockholder approval.
- Special stockholder meeting set for Sept 30, 2021 to vote on plan amendments.