Amazon.com, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Amazon.com, Inc. on March 14, 2017. The report discloses a corporate governance event regarding the departure of a director.
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 personnel changes and does not contain financial performance data.
Material Changes
On March 14, 2017, William B. Gordon resigned from his position as a director of the Company. Concurrent with his resignation, Mr. Gordon entered into a consulting agreement to provide services to the Company for a period of two years. Under this arrangement, he will serve as a non-voting Board observer.
Compensatory Arrangements
As part of the consulting agreement, Mr. Gordon was granted a restricted stock unit award for 3,100 shares. These units are scheduled to vest over the two-year term of the agreement.
Key Facts for Investor Verification
- William B. Gordon resigned as a director on March 14, 2017.
- Mr. Gordon will serve as a non-voting Board observer for two years.
- Mr. Gordon received a grant of 3,100 restricted stock units vesting over two years.
- The filing contains no financial results or forward-looking guidance.