Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 1, 2020, Green Dot Corporation (the "Company") announced that Kuan
Archer, its Chief Technology Officer, is leaving the Company, effective July 8,
2020. In connection with his departure, Mr. Archer will enter into a separation
and release agreement with the Company on his last day of employment, pursuant
to which he will receive $252,890 in severance benefits, which represents six
months of his current base salary and seven months of COBRA premiums.
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