nCino CFO David Rudow terminated without cause; separation benefits detailed in agreement

nCino, Inc.

David Rudow’s employment terminated without cause effective Jan 31, 2023; entered separation agreement Jan 19.
Separation benefits: lump sum of 6 months base salary ($192,600) plus target annual incentive ($269,640).
COBRA coverage for up to six months and outplacement services provided.
Equity awards vesting accelerated for awards through Aug 1, 2023; others continue vesting through Nov 1.

item 5.02 item 9.01

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Departed

David Rudow

Chief Financial Officer & Treasurer

NCNO · nCino, Inc.

Effective: 2023-01-31
Filed: January 24, 2023, 6:59 PM ET

the employment of David Rudow, the Company’s Chief Financial Officer & Treasurer, was terminated without cause effective as of January 31, 2023

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David Rudow was terminated as Chief Financial Officer & Treasurer at nCino, Inc..

Action: terminated
Role: Chief Financial Officer & Treasurer

Exact text from the filing

the employment of David Rudow, the Company’s Chief Financial Officer & Treasurer, was terminated without cause effective as of January 31, 2023

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nCino, Inc. filing history →

Source: SEC EDGAR

accession 0001902733-23-000006

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