| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective January 13, 2025, Diane Adams, the Chief Culture and Talent Officer of Sprinklr, Inc. (the “Company”), transitioned to an advisory role. In connection with Ms. Adams’s transition, the Company expects to enter into a transition, separation and release of claims agreement (the “Separation Agreement”) with Ms. Adams, pursuant to which Ms. Adams will remain with the Company in an advisory role through February 14, 2025 (such period, the “Transition Period”). Pursuant to the Separation Agreement, during the Transition Period, Ms. Adams will continue to be paid at her current base salary rate and will remain eligible to participate in the Company’s benefit plans pursuant to the terms of those plans. At the end of the Transition Period, Ms. Adams will receive severance benefits consistent with the Company’s Executive Severance and Change in Control Plan, as amended from time to time, as well as the vesting acceleration of certain of her outstanding restricted stock unit and stock option awards as if she remained employed with the Company through and including May 14, 2025. Ms. Adams also will continue to be subject to customary continuing obligations post-employment, such as her obligations of confidentiality and to abide by applicable restrictive covenants.
The foregoing description of the Separation Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the complete text of the Separation Agreement, a copy of which the Company expects to file with its Annual Report on Form 10-K for the fiscal year ending January 31, 2025, and upon filing will be incorporated herein by reference.
| Item 7.01 | Regulation FD Disclosure. |
On January 13, 2025, the Company issued a press release announcing the appointment of Joy Corso as the Company’s Chief Administrative Officer, effective as of January 13, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.
This information set forth under Item 7.01 of this Current Report, including Exhibit 99.1 attached hereto, is furnished and 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. The information shall not be deemed incorporated by reference into any other filing with the Securities and Exchange Commission made by the Company regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
