secwatch.observer — SEC 8-K summary
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Issuer:     Phunware, Inc. (PHUN)
CIK:        0001665300
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001628280-23-020704
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phunware names Troy Reisner CFO; Matt Aune transitions to advisor; Matthew Lull terminated as crypto officer
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- Matt Aune steps down as CFO effective June 2, 2023; will remain as advisor through Dec 31, 2023.
- Troy Reisner appointed CFO; base salary $350k, target bonus 20%-150% of salary, plus 600k RSU grant.
- Chief Cryptocurrency Officer Matthew Lull terminated May 29, 2023; receives $105k cash and accelerated vesting of 218,750 RSUs.
- Lull will serve as special advisor through August 31, 2023 with restrictive covenants.
- Reisner brings over 30 years experience, formerly CFO at Keystone Tower Systems and partner at Deloitte.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665300/000162828023020704/0001628280-23-020704-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665300/000162828023020704/phun-20230530.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-020704

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