secwatch.observer — SEC 8-K summary
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Issuer:     Perimeter Solutions, Inc. (PRM)
CIK:        0001880319
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0001880319-22-000029
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Perimeter Solutions CFO Barry Lederman to depart May 6; Charles Kropp named successor
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- Barry Lederman steps down as CFO effective May 6, 2022; Charles Kropp promoted from Global Controller.
- Lederman to receive severance of 1.25x base salary, 2022 target bonus, and 15 months COBRA.
- Of 1,029,167 performance-based options: 29,167 vest on departure, 200,000 eligible for 2022 vesting, 800,000 forfeited.
- Kropp gets $300,000 base salary, 50% target bonus, and 500,000 performance-based options for FY2022-2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880319/000188031922000029/0001880319-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880319/000188031922000029/prm-20220425.htm
  HTML page:      https://secwatch.observer/filing/0001880319-22-000029

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