AI English summary of an SEC filing — figures as filed
The company said its Board of Directors appointed Ellen Ochoa as a director on November 7, 2024. As a result, the number of directors on the full board increased from 12 to 13.
Key points
AI summaryThe company said its Board of Directors appointed Ellen Ochoa as a director on November 7, 2024. As a result, the number of directors on the full board increased from 12 to 13.
The company said Dr. Ochoa is expected to be appointed as a member of the Nominating and Corporate Governance Committee of the Board.
NVIDIA said Dr. Ochoa will be granted, under the 2007 Plan, an initial grant of 1,848 restricted stock units, vesting approximately semi-annually over 3 years, and a pro-rated annual grant of 1,321 restricted stock units, all of which will vest on May 21, 2025.
The company said Dr. Ochoa will receive a pro-rated annual cash retainer of $53,800, payable starting on November 7, 2024, and that it has entered into an indemnity agreement with her in connection with her board service.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Ellen Ochoa Appointed to Board
The company said its Board of Directors appointed Ellen Ochoa as a director on November 7, 2024. As a result, the number of directors on the full board increased from 12 to 13.
Source · Based on the filing body and exhibits
Nominating and Corporate Governance Committee Membership Expected
The company said Dr. Ochoa is expected to be appointed as a member of the Nominating and Corporate Governance Committee of the Board.
Source · Based on the filing body and exhibits
Equity Awards Granted on Director Appointment
NVIDIA said Dr. Ochoa will be granted, under the 2007 Plan, an initial grant of 1,848 restricted stock units, vesting approximately semi-annually over 3 years, and a pro-rated annual grant of 1,321 restricted stock units, all of which will vest on May 21, 2025.
Source · Based on the filing body and exhibits
Annual Cash Retainer and Indemnity Agreement
The company said Dr. Ochoa will receive a pro-rated annual cash retainer of $53,800, payable starting on November 7, 2024, and that it has entered into an indemnity agreement with her in connection with her board service.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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