NVDA 8-K: Smart Summary
78% reductionOn July 24, 2023, NVIDIA Corporation's Board of Directors appointed Melissa Lora as a new board member, expanding the board from thirteen to fourteen directors, and assigned her to the Audit Committee.
Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Executive Compensation
- Melissa Lora — granted 587 restricted stock units (initial equity grant) vesting semi-annually over three years commencing July 24, 2023; granted 590 restricted stock units (pro-rated annual equity grant) with 265 vesting November 15, 2023 and 325 vesting May 15, 2024; granted a pro-rated annual cash retainer of $77,250 payable starting July 24, 2023; all equity grants made under the Amended and Restated 2007 Equity Incentive Plan; indemnity agreement entered into in connection with board service
Elections
- Director Melissa Lora — appointed to the Board of Directors and to the Audit Committee, effective July 24, 2023; board size increased from 13 to 14 directors
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