UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 29, 2020, the Compensation Committee of the Board of Directors of Uber Technologies, Inc. (the “Company”) approved an amended employment agreement with Jill Hazelbaker, the Company’s Senior Vice President, Marketing and Public Affairs. The employment agreement provides for, effective August 1, 2020, an annual base salary of $800,000 and a target cash bonus equal to $800,000. The actual amount of any bonus will be subject to the terms and conditions of the Company’s Executive Bonus Plan. Ms. Hazelbaker will be eligible to receive severance benefits pursuant to the Company’s Executive Severance Plan, in accordance with the terms and conditions of such plan, and she will be eligible to receive an annual equity refresh grant in accordance with the terms and conditions of the Company’s 2019 Equity Incentive Plan, based on her individual performance and the performance of the Company. In addition, the Compensation Committee approved a one-time grant of 224,148 restricted stock units for Ms. Hazelbaker, which will vest over a four-year period, subject to Ms. Hazelbaker’s continued employment with the Company.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Uber Technologies, Inc. | ||
Date: July 31, 2020 | By: /s/ Dara Khosrowshahi | |
Dara Khosrowshahi | ||
Chief Executive Officer |