PagerDuty amends executive severance policy; CEO Tejada gets enhanced change-in-control terms

PagerDuty, Inc.

Tier 2 NEO severance: 0.5x salary+bouns on non-CIC termination; 1.0x + pro-rata bonus + 12-month health on CIC termination.
CEO Tejada base $600k, target bonus $600k; non-CIC severance 1.0x + $12k + 50% equity vest; CIC 1.5x + full vest.
Policy three-year term, auto-renew; CIC protection extends 18 months post-consummation.
Severance payments subject to 280G cutback provision for after-tax benefit.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.