leadership
confidence high
sentiment neutral
materiality 0.40
Smith Micro enters separation agreement with former SVP Sales Gail Redmond
SMITH MICRO SOFTWARE, INC.
- Cash payment of $99,615 to Redmond, plus 4 months COBRA premium payment.
- Unvested restricted stock awards accelerated and vested as of separation date.
- Redmond resigned as SVP Sales Worldwide on May 2, 2022; separation agreement dated May 18, 2022.
- Benefits conditioned on non-revocation within 7 days and compliance with agreement obligations.