secwatch.observer — SEC 8-K summary
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Issuer:     ESTABLISHMENT LABS HOLDINGS INC. (ESTA)
CIK:        0001688757
Form:       8-K
Filed at:   2022-12-02T23:59:59+00:00
Accession:  0001688757-22-000108
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Establishment Labs appoints Paul D. Rodio as COO, effective Dec 1, 2022
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- Appointed Paul D. Rodio as COO effective Dec 1, 2022; prior roles at Cardinal Health, Medtronic, and Covidien.
- Base salary of $375,000 annually; target annual bonus up to 50% of base salary.
- New hire stock option grant to purchase 50,000 common shares, vesting over 4 years (1/4 per year).
- Eligible for annual equity awards beginning 2024 with grant date fair value ~150% of base salary.
- Severance: 9 months base salary (non-CIC) or 12 months base salary (CIC), plus bonus and health benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1688757/000168875722000108/0001688757-22-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1688757/000168875722000108/esta-20221201.htm
  HTML page:      https://secwatch.observer/filing/0001688757-22-000108

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