secwatch.observer — SEC 8-K summary
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Issuer:     PRECISION BIOSCIENCES INC (DTIL)
CIK:        0001357874
Form:       8-K
Filed at:   2022-05-31T23:59:59+00:00
Accession:  0001564590-22-021763
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Precision BioSciences appoints Melinda Brown to board and audit committee chair
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- Brown appointed as Class III director and Chair of Audit Committee effective May 26, 2022.
- Annual cash retainer of $40,000 for board service, plus $15,000 for audit committee chair.
- Initial equity award of 36-month vested options with $400,000 grant date fair value awarded.
- Brown is fifth director added since April 2021, bringing financial and leadership expertise.
- She previously served as SVP and Controller at Tapestry and held senior roles at PepsiCo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357874/000156459022021763/0001564590-22-021763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357874/000156459022021763/dtil-8k_20220531.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-021763

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