secwatch.observer — SEC 8-K summary
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Issuer:     Phunware, Inc. (PHUN)
CIK:        0001665300
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001628280-22-032106
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phunware CEO Alan Knitowski resigns Dec 27, remains special advisor through 2023
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- CEO Alan S. Knitowski's employment terminates Dec 27, 2022; he resigns from board same date.
- Knitowski to serve as special advisor from Dec 27, 2022 through Dec 31, 2023, providing transition and advisory services.
- Total consulting compensation of $225,000 paid in 12 monthly installments of $18,750 (cash, Bitcoin, or stock at Company's election).
- Unvested RSUs of 473,263 shares will vest monthly from Jan to Dec 2023 under modified schedule.
- Company to pay COBRA premiums through Dec 31, 2023; Knitowski subject to non-compete and non-solicitation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665300/000162828022032106/0001628280-22-032106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665300/000162828022032106/phun-20221213.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-032106

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