DoorDash, Inc 8-K, filed Jul 14, 2022
DoorDash, Inc. (DASH)
8-K
2022-07-14
For: 2022-07-13
View Original
Added on
April 11, 2026
About this 8-K
DoorDash, Inc filed this 8-K on July 14, 2022, reporting on events of July 13, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________
FORM 8-K
____________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): July 13, 2022
____________________________________
(Exact name of registrant as specified in its charter)
____________________________________
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices, including zip code)
(650 ) 487-3970
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
____________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On July 13, 2022, DoorDash, Inc. (the “Company”) appointed Elinor Mertz to its Board of Directors (the “Board”). Ms. Mertz will serve as a Class I director, with a term expiring at the annual meeting of stockholders to be held in 2024. In addition, Ms. Mertz was appointed as a member of the Audit Committee of the Board.
In connection with Ms. Mertz’s appointment to the Board, the Company and Ms. Mertz entered into an offer letter dated as of July 7, 2022.
Ms. Mertz will be entitled to receive cash and equity compensation under the Company’s outside director compensation policy (the “Policy”), which is described in the section of the Company’s definitive proxy statement on Schedule 14A titled “Board of Directors and Corporate Governance-Director Compensation,” filed with the Securities and Exchange Commission (the “SEC”) on May 2, 2022 and has been filed as Exhibit 10.7 to the amendment to the Company’s Registration Statement on Form S-1 (File No. 333-250056), filed with the SEC on November 30, 2020.
In accordance with the Company’s customary practice, the Company has entered into its standard form of indemnification agreement with Ms. Mertz, the form of which has been filed as Exhibit 10.1 to the Company’s Registration Statement on Form S-1 (File No. 333-250056), filed with the SEC on November 13, 2020.
Ms. Mertz has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
There are no family relationships, as defined in Item 401 of Regulation S-K promulgated under the Exchange Act, between Ms. Mertz and any of the Company’s executive officers or directors or persons nominated or chosen to become a director or executive officer. There are also no arrangements or understandings between Ms. Mertz and any other persons pursuant to which Ms. Mertz was appointed a director of the Company.
A copy of the press release announcing the appointment of Ms. Mertz to the Board is attached hereto as Exhibit 99.1. The information in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | ||||
| 99.1 | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
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.
| DOORDASH, INC. | ||||||||
| Date: July 14, 2022 | By: | /s/ Tony Xu | ||||||
| Name: | Tony Xu | |||||||
| Title: | Chief Executive Officer (Principal Executive Officer) | |||||||
Exhibit 99.1
Ellie Mertz Joins DoorDash Board of Directors
SAN FRANCISCO, July 14, 2022 -- DoorDash, Inc. (NYSE: DASH) announced today that Ellie Mertz, Vice President of Finance of Airbnb, Inc., has been elected to the company's board of directors. Throughout her career, Mertz has helped scale iconic consumer brands Airbnb and Netflix through significant business and industry transitions. She brings a strong track record of leading strategic finance and corporate planning at hyper-growth technology companies with global impact.
Tony Xu, Co-Founder and CEO of DoorDash, Inc., said, “Ellie is an experienced builder and skilled operator with a passion for empowering entrepreneurs and communities across the globe. She has been instrumental in scaling some of the world’s leading businesses through their most formative periods of fast growth and change. I know that DoorDash will benefit from Ellie’s expertise and vision, and am thrilled to welcome her to our board.”
“DoorDash is in the midst of an exciting phase of growth, partnering with new types of merchants with expanded offerings across more geographies,” said Mertz. “I look forward to working with Tony and the DoorDash team as the company continues to scale, help local businesses thrive, and advance its mission of growing and empowering local economies.”
Mertz is currently Vice President of Finance at Airbnb, where she is responsible for strategic finance and analytics, corporate planning, and investor relations. Prior to joining Airbnb in 2013, she served as Vice President of Finance at Netflix, where she held various finance roles from 2006 to 2013. Mertz also currently serves on the board of Faire, a privately-held online wholesale marketplace connecting local retailers with emerging and established brands. She holds a B.A. in Science, Technology & Society and an M.A. in History from Stanford University, an M.B.A. from the Stanford Graduate School of Business, and a Master’s of International Affairs from Columbia University.
About DoorDash
DoorDash (NYSE: DASH) is a technology company that connects consumers with their favorite businesses in 27 countries across the globe. Founded in 2013, DoorDash enables local businesses to address consumers’ expectations of ease and immediacy and thrive in today’s convenience economy. By building the logistics infrastructure for local commerce, DoorDash is bringing communities closer, one doorstep at a time.
Press Contact
press@doordash.com
Investor Relations Contact
ir@doordash.com