secwatch.observer — SEC 8-K summary
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Issuer:     EGAIN Corp (EGAN)
CIK:        0001066194
Form:       8-K
Filed at:   2021-09-15T23:59:59+00:00
Accession:  0001558370-21-012534
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

eGain sets CEO variable comp at $100K, CFO base to $320K; grants 300K options to CEO pending shareholder vote
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066194/000155837021012534/0001558370-21-012534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066194/000155837021012534/tmb-20210910x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-012534

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