Agile Therapeutics appoints Scott Coiante as CFO; discloses employment terms and CAO departure

AGILE THERAPEUTICS INC

Scott Coiante appointed SVP, CFO & Treasurer effective Aug 16, 2023; base salary $430K, target bonus 45%.
Coiante receives inducement grant of 20,000 RSUs vesting over 4 years; acceleration upon change of control.
Severance: 12 months base salary (non-CoC) or 18 months lump sum plus bonus and equity acceleration (CoC).
Jason Butch separated as CAO effective Aug 15, 2023; receives 6 months base salary and benefits.
Coiante subject to 18-month non-compete and perpetual confidentiality covenants.

item 5.02 item 9.01

Executive movements

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Departed

Jason Butch

Chief Accounting Officer

AGILE THERAPEUTICS INC

Effective: 2023-08-15
Filed: August 22, 2023, 7:59 PM ET

the Company and Jason Butch came to a mutual agreement pursuant to which Mr. Butch separated from service as the Chief Accounting Officer of the Company, effective August 15, 2023

Appointed

Scott Coiante

Senior Vice President, Chief Financial Officer and Treasurer

AGILE THERAPEUTICS INC

Effective: 2023-08-16
Filed: August 22, 2023, 7:59 PM ET

appointed Scott Coiante to serve as the Company’s Senior Vice President, Chief Financial Officer and Treasurer, effective August 16, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason Butch departed as Chief Accounting Officer at AGILE THERAPEUTICS INC.

Action: separated
Role: Chief Accounting Officer

Exact text from the filing

the Company and Jason Butch came to a mutual agreement pursuant to which Mr. Butch separated from service as the Chief Accounting Officer of the Company, effective August 15, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott Coiante was appointed as Senior Vice President, Chief Financial Officer and Treasurer at AGILE THERAPEUTICS INC.

Action: appointed
Role: Senior Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

appointed Scott Coiante to serve as the Company’s Senior Vice President, Chief Financial Officer and Treasurer, effective August 16, 2023

View on SEC.gov

Source: SEC EDGAR

accession 0001558370-23-015153

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