Blog: PHUNWARE, INC. : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) –

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously reported, on November 11, 2022, the Board of Directors (the
"Board") of Phunware, Inc. (the "Company") approved the appointment of Russell
Buyse to serve as Chief Executive Officer of the Company, effective December 28,
2022 (the "Employment Start Date"). In connection therewith, on November 17,
2022, the Board appointed Mr. Buyse to serve as a director on our Board
effective as of November 21, 2022, to fill the vacancy on the Board created by
the resignation of Randall Crowder, to serve on the Board as a Class III
director until the 2024 annual meeting of stockholders or until his successor is
duly elected and qualified or until the earlier of his death, resignation or
removal. Mr. Buyse will receive a one-time payment of $6,000, less applicable
taxes, for his service on the Board from November 21, 2022 until his Employment
Start Date. Subsequent to his Employment Start Date, Mr. Buyse will not receive
any additional compensation for his service on the Board.

Item 7.01 Regulation FD Disclosure.

A copy of the press release issued by the Company on November 21, 2022
announcing the appointment of Mr. Buyse as Chief Executive Officer is attached
as Exhibit 99.1 and is incorporated herein by reference. The information
furnished pursuant to this Item 7.01 of this Current Report on Form 8-K,
including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18
of the Securities Exchange Act of 1934, as amended, or subject to the
liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of
1933, as amended. The information furnished and in the accompanying exhibit
shall not be incorporated by reference into any filing with the Securities and
Exchange Commission made by the Company, whether made before or after the date
hereof, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.                Exhibit Title
                             Press     Release dated November 1    8, 2022 titled "Phunware Appoints
99.1*                      Russ Buyse as Chief Executive Officer    "
104                        Cover Page Interactive Data File (embedded

within the inline XBRL document)

* Furnished herewith



© Edgar Online, source Glimpses

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s