GoDaddy Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$GDDY
EDP Services
Technology
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
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Director Appointment
On June 26, 2024 the Board of Directors (the “Board”) of GoDaddy Inc. (the “Company”) appointed Graham Smith to its Board effective immediately (the “Effective Date”). Mr. Smith will serve as a Class I director until the Company’s 2025 annual meeting of stockholders, at which time all directors will stand for annual elections. In addition, as of the Effective Date, Mr. Smith was appointed as a member of the Board’s Audit and Finance Committee. The Board has determined that Mr. Smith is an independent director and an “audit committee financial expert” under the applicable Securities and Exchange Commission and New York Stock Exchange rules.
For his service on the Board and the Audit and Finance Committee, Mr. Smith will receive the same compensation and benefits as other non-employee directors on the Board pursuant to the Company’s Outside Director Compensation Policy. In connection with his appointment to the Board, Mr. Smith will receive an initial award of restricted stock units of the Company’s Class A common stock with an aggregate value of $255,000, which will vest on the one-year anniversary of the grant date, subject to his continued service on the Board through the vesting date. In addition, Mr. Smith will enter into the Company’s form of indemnification agreement for officers and directors, which will be substantially the same form that has been filed as Exhibit 10.1 to this Report on Form 8-K.
There is no arrangement or understanding between Mr. Smith and any other person pursuant to which he was elected as a director of the Company. There are no family relationships between Mr. Smith and any director or executive officer of the Company, and, other than as described above, no transactions involving Mr. Smith that would require disclosure under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| Exhibit Number | Exhibit Description | ||||||||||
| 10.1 | |||||||||||
| 99.1 | |||||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||||||||
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 hereunto duly authorized.
| GODADDY INC. | ||||||||
| Date: | June 27, 2024 | /s/ Jared Sine | ||||||
| Jared Sine | ||||||||
| Chief Strategy and Legal Officer | ||||||||