leadership
confidence high
sentiment neutral
materiality 0.50
Elastic discloses interim CFO Eric Prengel's compensation: $475K salary, $2M RSU grant
Elastic N.V.
- Annual base salary of $475,000 effective Dec 14, 2024; target cash incentive of 40% of base.
- RSU award of ~$2M grant date fair value, vesting 50% on Dec 14, 2025 and 50% on Dec 14, 2026.
- Standard change-in-control/severance agreement providing payments if terminated other than for cause or resignation for good reason.
- Standard indemnification agreement covering liabilities arising from his status or service.