home · filing · 0001683168-23-008909
8-K
filed December 18, 2023, 6:59 PM ET
ticker AUUD
CIK 0001554818
leadership
confidence high
sentiment neutral
materiality 0.45
Auddia appoints John Mahoney as CFO with $275K base salary and inducement options
AUDDIA INC.
John E. Mahoney appointed CFO effective December 12, 2023; start date November 27, 2023.
Annual base salary of $275,000; eligible for annual bonus up to 50% of base, at board discretion.
Inducement stock options granted: 275,000 shares vesting in 4 equal annual installments; 192,500 shares vesting 50% at 2 years then 25% annually.
Options have exercise price of $0.25 per share (closing price on grant date) and 10-year term.
If terminated without cause or for good reason, receives 9 months base salary and COBRA reimbursement.
Executive movements
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Appointed
John E. Mahoney
Chief Financial Officer
Effective 2023-12-12
Filed December 18, 2023, 6:59 PM ET
On December 12, 2023, the Company’s board of directors appointed John E. Mahoney as the Company’s new Chief Financial Officer.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
John E. Mahoney was appointed as Chief Financial Officer at AUDDIA INC..
Action appointed
Role Chief Financial Officer
Exact text from the filing
On December 12, 2023, the Company’s board of directors appointed John E. Mahoney as the Company’s new Chief Financial Officer.
View on SEC.gov
Source: SEC EDGAR
accession 0001683168-23-008909
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