secwatch.observer — SEC 8-K summary
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Issuer:     Skillz Inc. (SKLZ)
CIK:        0001801661
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001628280-21-020333
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Skillz appoints Vatsal Bhardwaj as Chief Product Officer effective Oct 18, 2021
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- Previously GM & Director of Game Tech at AWS (2018-2021) and Head of Product at Facebook (2015-2018).
- Base salary $400K/yr; annual target incentive $400K (pro-rated for 2021).
- Signing bonus $750K (repayable if voluntary departure within 2 years).
- RSU grant value $15M; vests 25% on 1st anniversary, then quarterly over 3 years.
- PSU grant value $5M; vests over four 1-year performance periods subject to goals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801661/000162828021020333/0001628280-21-020333-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801661/000162828021020333/skillzinc8-kcpo20211020.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-020333

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer