PagerDuty, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by PagerDuty, Inc. on November 27, 2020. The filing reports a corporate governance event regarding the appointment of a new member to the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a board appointment and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Alec Gallimore to the Board of Directors, effective November 27, 2020. Mr. Gallimore will serve until his successor is elected or until his death, resignation, or removal. He joins the class of directors whose term expires at the 2021 annual stockholders' meeting. Additionally, he has been appointed to the Audit Committee, effective December 1, 2020.
Outlook, Risks, and Management Commentary
The Board determined that Mr. Gallimore meets the independence requirements under NYSE listing standards and the Securities Exchange Act of 1934. He will receive compensation in accordance with the Company's Non-Employee Director Compensation Policy and will enter into a standard indemnification agreement. The filing states there are no arrangements or understandings between Mr. Gallimore and other persons regarding his election, nor are there any family relationships with existing directors or executive officers.
Key Facts for Investor Verification
- New Director: Alec Gallimore appointed to the Board on November 27, 2020.
- Committee Assignment: Appointed to the Audit Committee effective December 1, 2020.
- Independence: Confirmed as independent under NYSE and SEC standards.
- Compensation: Subject to the existing Non-Employee Director Compensation Policy.
- Term: Serves until the 2021 annual stockholders' meeting or until a successor is qualified.