Green Dot Corp 8-K, filed Jun 1, 2020
Green Dot Corp (GDOT)
8-K
2020-06-01
For: 2020-05-29
View Original
Added on
April 12, 2026
About this 8-K
Green Dot Corp filed this 8-K on June 1, 2020, reporting on events of May 29, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
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): May 29, 2020
(Exact Name of the Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation)
| (Commission File Number) | (IRS Employer Identification No.) | |||||||
| (Address of Principal Executive Offices) | (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 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
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 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.
SIGNATURES
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 thereunto duly authorized.
| GREEN DOT CORPORATION | |||||||||||||||||
| By: | /s/ John C. Ricci | ||||||||||||||||
| John C. Ricci | |||||||||||||||||
| General Counsel and Secretary | |||||||||||||||||
Date: June 1, 2020