COO Joyce LaViscount resigns for good reason; Helius pays $442K severance

Solana Co

LaViscount's COO employment ended July 20, 2021; she resigned for good reason under her employment agreement.
Company pays $442,150 in 12 monthly installments of ~$36,846, plus 9 months of health insurance premiums.
Unvested stock options accelerated and are exercisable through October 18, 2022.
LaViscount remains subject to 12-month non-compete and non-solicitation covenants.
Separation agreement signed August 17, 2021; terms disclosed in Form 8-K.

item 5.02 item 9.01

Executive movements

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Departed

Joyce LaViscount

Chief Operating Officer

HSDT · Solana Co

Effective: 2021-07-20
Filed: August 19, 2021, 7:59 PM ET

the employment of Joyce LaViscount, Chief Operating Officer of Helius Medical Technologies, Inc. (the “Company”) ended on July 20, 2021

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Joyce LaViscount resigned as Chief Operating Officer at Solana Co.

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

the employment of Joyce LaViscount, Chief Operating Officer of Helius Medical Technologies, Inc. (the “Company”) ended on July 20, 2021

View on SEC.gov

Solana Co filing history →

Source: SEC EDGAR

accession 0001564590-21-045202

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