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Sullivan bonus guarantee and target

Company: Core Scientific

Subject kind
personnel
Statement date
2023-05-16
Promised amount
500000.0 USD
Current status
stated

The claim, verbatim

Sullivan eligible for annual bonus with target opportunity of no less than 100% of base salary; guaranteed minimum bonus of $500,000 for 2023

Source (primary)

Core Scientific 8-K filed 2023-05-17 (SEC EDGAR, sec_filing)
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Quote: “Mr. Sullivan will be eligible to earn an annual discretionary cash bonus award (the "Annual Bonus") with a target bonus opportunity of no less than 100% of the Base Salary. For the year 2023, Mr. Sullivan will be guaranteed a minimum Annual Bonus amount of $500,000”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific 8-K filed 2023-05-17

Quote: “Mr. Sullivan will be eligible to earn an annual discretionary cash bonus award (the "Annual Bonus") with a target bonus opportunity of no less than 100% of the Base Salary. For the year 2023, Mr. Sullivan will be guaranteed a minimum Annual Bonus amount of $500,000”

View cached copy (2026-09-13)Live source ↗