Item 5. Other Information
ITEM 5. Other Information
On August 25, 2020, the Compensation Committee (the "Committee") of our Board of Directors approved the Green Dot Corporation Executive Incentive Compensation Plan (the "Executive Incentive Plan") to be effective for 2021 and beyond. All executive officers including our named executive officers are eligible to participate in the Executive Incentive Plan. Participants in the Executive Incentive Plan will be eligible to earn cash incentive awards through the achievement of performance targets to be established by the Committee each year. The degree of performance achievement will determine the amount of each award earned relative to the participant's target amount, which generally will be a percentage of base salary. Participants in the Executive Incentive Plan generally must be employed on the date the cash incentive awards are actually paid in order to receive payment. We expect to adopt an annual cash incentive program under the Executive Incentive Plan for each fiscal year consistent with the terms of the Executive Incentive Plan as described above.
A copy of the Executive Incentive Plan is attached as Exhibit 10.1 hereto and is incorporated herein by reference. The foregoing description of the Executive Incentive Plan does not purport to be complete and is qualified in its entirety by reference to such exhibit.
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ITEM 6. Exhibits
The following documents are filed as exhibits to this report:
Exhibit Number Description of Exhibits
10.1 Green Dot Corporation Executive Incentive Plan
31.1 Certification of Dan Henry, Chief Executive Officer, pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2 Certification of Jess Unruh, Interim Chief Financial Officer, pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1 Certification of Dan Henry, Chief Executive Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *
32.2 Certification of Jess Unruh, Interim Chief Financial Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *
101 The following financial statements from the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, formatted in Inline XBRL: (i) Consolidated Balance Sheets, (ii) Consolidated Statements of Operations, (iii) Consolidated Statements of Comprehensive Income and Loss, (iv) Consolidated Statements of Changes in Stockholders' Equity, (v) Consolidated Statements of Cash Flows and (vi) Notes to Consolidated Financial Statements, tagged as blocks of text and including detailed tags
104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
_____________
* Furnished and not filed.
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SIGNATURE
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, thereunto duly authorized.
Green Dot Corporation
Date: November 6, 2020 By: /s/ Jess Unruh
Name: Jess Unruh
Title: Interim Chief Financial Officer (Duly Authorized Officer and Principal Financial Officer)
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.