Seer President & COO Omead Ostadan returns from leave, shifts to part-time for ~10 months

Seer, Inc.

Ostadan returns Feb 28, 2022 as President on part-time (33% status) for ~10 months.
Base salary prorated to 33% of $464,546.63 annualized; bonus target remains at 45% of earned salary.
Equity vesting modified: certain RSU shares forfeited; options vest every third month during part-time.
Company will reimburse COBRA premiums for Ostadan and family during part-time period.

item 5.02 item 9.01

Executive movements

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Role change

Omead Ostadan

President

SEER · Seer, Inc.

Effective: 2022-02-28
Filed: February 18, 2022, 6:59 PM ET

Mr. Ostadan will initially return on a part-time basis as the Company’s President beginning on February 28, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Omead Ostadan changed role as President at Seer, Inc..

Action: returned to part-time
Role: President

Exact text from the filing

Mr. Ostadan will initially return on a part-time basis as the Company’s President beginning on February 28, 2022

View on SEC.gov

Seer, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-22-003179

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