secwatch.observer — SEC 8-K summary
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Issuer:     ARVINAS, INC. (ARVN)
CIK:        0001655759
Form:       8-K
Filed at:   2022-08-19T23:59:59+00:00
Accession:  0001655759-22-000037
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Board changes: director Liam Ratcliffe resigns, John Young elected as Class II director
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- Liam Ratcliffe resigned from Arvinas Board effective Aug 16, 2022; not due to any disagreement.
- John Young elected as Class II director effective Aug 18, 2022, to serve until 2023 annual meeting.
- Young appointed to Compensation Committee; committee now comprised of Shannon (Chair), Alsup, and Young.
- Young receives $40k annual cash retainer, $7.5k for Compensation Committee, and stock option with $750k grant date fair value at $46.12/share, vesting monthly over 3 years.
- Young entered standard indemnification agreement with Arvinas covering expenses and settlements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655759/000165575922000037/0001655759-22-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655759/000165575922000037/arvn-20220816.htm
  HTML page:      https://secwatch.observer/filing/0001655759-22-000037

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