secwatch.observer — SEC 8-K summary
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Issuer:     Everpure, Inc. (P)
CIK:        0001474432
Form:       8-K
Filed at:   2021-12-17T23:59:59+00:00
Accession:  0001628280-21-025318
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Pure Storage designates Ajay Singh as executive officer effective Dec 15, 2021
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- Ajay Singh, Chief Product Officer since Jan 2021, designated as executive officer and Section 16 officer.
- Annual base salary of $550,000; target bonus of 80% of base salary.
- RSU award of 281,291 shares: 25% vest Mar 2022, then quarterly over 12 quarters.
- Performance RSU with target value of $3.25M, vesting over 3 years starting Mar 2022.
- Eligible for Pure's Change in Control Severance Benefit Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474432/000162828021025318/0001628280-21-025318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474432/000162828021025318/pstg-20211215.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-025318

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