Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On May 5, 2021, the Company reported that Jason Richey resigned from the
position of President and Chief Operating Officer of the Company. As previously
reported, Mr. Richey will remain with the Company through May 31, 2021 to assist
in the transition.
As part of his separation, Mr. Richey entered into a Separation Agreement with
the Company effective as of May 4, 2021 (the "Separation Date"). The Company
will pay Mr. Richey monthly payments in equal installments of forty-seven
thousand nine hundred and seventeen ($47,917) less applicable withholding for a
period of twelve (12) months following the separation Date. In addition, 6,790
of Mr. Richey's outstanding restricted stock units (RSUs) will become
incrementally vested on an accelerated basis pursuant to the Separation
Agreement. Any equity awards that are not vested as of May 31, 2021 will be
effectively terminated.
Item 7.01. Regulation FD Disclosure
A copy of Company's press release issued May 5, 2021, is furnished herewith as
Exhibit 10.2 and is attached hereto and incorporated by reference herein.
Item 9.01. Exhibits.
(d) Exhibits.
Exhibit No. Description
10.1 Separation and Release Agreement by and between Cutera, Inc. and
Jason Richey .
10.2 Press Release of Cutera, Inc. (filed as Exhibit 10.1 to its Current
Report on Form 8-K filed on May 5, 2021 and incorporated herein by
reference).
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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