Americold corrects severance error for former COO Carlos Rodriguez; terms clarified

AMERICOLD REALTY TRUST

Scrivener's error corrected: severance includes 1x base salary plus target bonus paid over 12 months starting day 60.
Time-based RSUs and OP units next vesting installment vests immediately on termination date.
Prorated performance-based equity remains eligible to vest based on actual performance during employment.
Up to 12 months welfare plan coverage including COBRA for Rodriguez and eligible dependents.

item 5.02

Executive movements

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Departed

Carlos Rodriguez

Executive Vice President and Chief Operating Officer

COLD · AMERICOLD REALTY TRUST

Effective: 2022-03-04
Filed: March 18, 2022, 7:59 PM ET

On March 4, 2022, the Company and Carlos Rodriguez, Executive Vice President and Chief Operating Officer, mutually agreed that Mr. Rodriguez’s employment with the Company would terminate, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Carlos Rodriguez was terminated as Executive Vice President and Chief Operating Officer at AMERICOLD REALTY TRUST.

Action: terminated
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

On March 4, 2022, the Company and Carlos Rodriguez, Executive Vice President and Chief Operating Officer, mutually agreed that Mr. Rodriguez’s employment with the Company would terminate, effective immediately.

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AMERICOLD REALTY TRUST filing history →

Source: SEC EDGAR

accession 0001628280-22-006714

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