GoDaddy amends 8-K to disclose COO Roger Chen's employment contract with $500K salary, $4M equity

GoDaddy Inc.

Roger Chen appointed COO effective Jan 3, 2022; employment contract dated Jan 24, 2022 provides $500,000 annual base salary.
Target annual incentive bonus is 80% of base salary ($400,000) under the Company's MBO bonus plan.
Equity grant with aggregate target value of $4,000,000: 50% time-based RSUs vesting 25% after one year then quarterly; 50% performance-based PRSUs on relative TSR.
Eligible for annual focal equity award starting 2023, subject to Compensation Committee approval.
Also entered into change in control and severance agreement on standard form.

item 5.02 item 9.01

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Appointed

Roger Chen

Chief Operating Officer

GDDY · GoDaddy Inc.

Effective: 2022-01-03
Filed: January 26, 2022, 6:59 PM ET

On January 5, 2022, the Company announced the appointment of Roger Chen to serve as the Company’s Chief Operating Officer, effective January 3, 2022.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Roger Chen was appointed as Chief Operating Officer at GoDaddy Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On January 5, 2022, the Company announced the appointment of Roger Chen to serve as the Company’s Chief Operating Officer, effective January 3, 2022.

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Source: SEC EDGAR

accession 0001609711-22-000011

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