secwatch.observer — SEC 8-K summary
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Issuer:     Perimeter Solutions, Inc. (PRM)
CIK:        0001880319
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0001880319-23-000112
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Perimeter Solutions CFO Charles Kropp departs; Kyle Sable named CFO effective Nov 16
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- Charles Kropp ceased as CFO and PAO effective November 16, 2023, by mutual agreement.
- Kyle Sable, previously VP Strategy and Corp Dev, promoted to CFO and PAO.
- Kropp receives severance: 1.25x base salary, 2023 target bonus, 15 months COBRA premiums.
- Kropp's 602,917 performance options: 2,917 vested; 240,000 remain eligible for 2023 vesting; 360,000 forfeited.
- Sable's employment: $330,000 base salary, 50% target bonus, 100,000 new performance options through 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880319/000188031923000112/0001880319-23-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880319/000188031923000112/prm-20231116.htm
  HTML page:      https://secwatch.observer/filing/0001880319-23-000112

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