# EDGAR Filing Document

**Accession Number:** 0001475115
**File Stem:** 0001193125-25-327083
**Filing Date:** 2025-12
**Character Count:** 18944
**Document Hash:** 0ea53c46e993cc31f932fb2c921319e7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-327083.hdr.sgml**: 20251219

**ACCESSION NUMBER**: 0001193125-25-327083

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20251218

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251219

**DATE AS OF CHANGE**: 20251219

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eventbrite, Inc.
- **CENTRAL INDEX KEY:** 0001475115
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 141888467
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38658
- **FILM NUMBER:** 251588537

**BUSINESS ADDRESS:**
- **STREET 1:** 95 THIRD STREET
- **STREET 2:** 2ND FLOOR
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94103
- **BUSINESS PHONE:** (888) 414-5119

**MAIL ADDRESS:**
- **STREET 1:** 95 THIRD STREET
- **STREET 2:** 2ND FLOOR
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94103

?xml version='1.0' encoding='ASCII'? 8-K

### 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

#### Date of Report (Date of earliest event reported):

#### December 18, 2025

## EVENTBRITE, INC.

#### (Exact Name of Registrant as Specified in Charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-38658** | **14-1888467** |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission**<br> **File Number)** | **(I.R.S. Employer**<br> **Identification No.)** |

---

#### 95 Third Street, 2nd Floor

#### San Francisco, California 94103

#### (Address of principal executive offices) (Zip Code)
(415) 692-7779

#### (Registrant's telephone number, include area code)

#### Not applicable

#### (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

#### Securities registered pursuant to Section 12(b) of the Act:

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| | |
|:---|:---|
| **Title of each class** | **Name of each exchange<br>on which registered** |
| Class A common stock, par value $0.00001 per share EB | New York Stock Exchange LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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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.**  |

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As previously disclosed, on December 1, 2025, Eventbrite, Inc., a Delaware corporation (the "<u>Company</u>"), entered into an Agreement and Plan of Merger (the "<u>Merger Agreement</u>") with Bending Spoons US Inc., a Delaware corporation ("<u>Parent</u>") and a wholly owned subsidiary of Bending Spoons S.p.A., and Everest Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("<u>Merger Sub</u>"), pursuant to which, among other things, Merger Sub will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Parent (the "<u>Merger</u>").

#### Compensatory Arrangements of Certain Officers
In connection with certain consequences of the Merger, certain employees of the Company (including the named executive officers and other executive officers) may become entitled to payments and benefits that may be treated as "excess parachute payments" within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended ("<u>Section</u> <u>280G</u>", and the "<u>Code</u>", respectively). To mitigate the potential impact of Section 280G and Section 4999 of the Code on the Company and its executive officers, among others, on December 18, 2025, the Compensation Committee of the Board of Directors of the Company (the "<u>Compensation Committee</u>") approved the acceleration into December 2025 of the vesting and payments of certain equity awards that otherwise would have been payable to each of Julia Hartz, Anand Gandhi, Lisa Gorman and Ted Dworkin (collectively, the "<u>Executives</u>") on or prior to the closing of the Merger, as described further below, subject to execution by each of the Executives of a 280G Mitigation Acknowledgement ("<u>280G Acknowledgement</u>"). The Compensation Committee further accelerated the vesting and payment of the annual cash bonus that would have otherwise been payable to the Executives in respect of the 2025 fiscal year of the Company, assuming a payout of 26.25% of target (the "<u>Accelerated Bonuses</u>"). These actions are intended to benefit the Company by preserving compensation-related corporate income tax deductions for the Company that otherwise might be disallowed through the operation of Section 280G and to mitigate or eliminate the amount of excise tax that may be payable by the Executives pursuant to Section 4999 of the Code in connection with Section 280G in certain circumstances.

In approving the accelerated vesting and payment of equity awards and bonuses, the Compensation Committee considered, among other things, the projected value of the compensation-related corporate income tax deductions that otherwise might be lost as a result of the effect of Section 280G and the benefits to the Company of reducing the potential tax burden on the Executives.

The approved acceleration consisted of accelerated vesting and settlement of certain outstanding performance- and time-based restricted stock units ("<u>PSUs</u>" and <u>RSUs</u>", respectively) held by each Executive that would otherwise vest in or following fiscal year 2026 (the "<u>Accelerated Units</u>"). For those Accelerated Units that are performance-based restricted stock units, such Accelerated Units were accelerated at the target level of performance (or, with respect to any performance period that has been completed prior to the consummation of the Merger, actual performance in accordance with the applicable Accelerated Unit, if higher than target), as permitted under the Merger Agreement. The Compensation Committee further approved the Accelerated Bonuses. All Accelerated Units and the Accelerated Bonuses (the "<u>Accelerated Payments</u>") will be reduced by applicable tax withholdings and are subject to the terms and conditions of the 280G Acknowledgement. To the extent the 2025 annual cash bonus pays out above 26.25% of target based on actual performance, the Executives will be eligible to receive the remainder of such bonus payout in 2026.

Specifically, the Compensation Committee approved for each Executive the following accelerated vesting:

• For Ms. Hartz, a total of $131,250 and 2,782,923 shares, consisting of: (a) an Accelerated Bonus in the amount of $131,250; (b) 1,150,235 Accelerated Units that were RSUs; and (c) 1,632,688 Accelerated Units that were PSUs. The estimated value of Ms. Hartz's Accelerated Units is $12,356,178, assuming a per share price of $4.44, such that the aggregate dollar value of her accelerated compensation in cash and shares is estimated to be $12,487,428.

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• For Mr. Gandhi, a total of $84,525 and 692,041 shares, consisting of: (a) an Accelerated Bonus in the amount of $84,525 and (b) 692,041 Accelerated Units that were RSUs. The estimated value of Mr. Gandhi's Accelerated Units is $3,072,662, assuming a per share price of $4.44, such that the aggregate dollar value of his accelerated compensation in cash and shares is estimated to be $3,157,187.

• For Ms. Gorman, a total of $53,419 and 158,415 shares, consisting of: (a) an Accelerated Bonus in the amount of $53,419 and (b) 158,415 Accelerated Units that were RSUs. The estimated value of Ms. Gorman's Accelerated Units is $703,363, assuming a per share price of $4.44, such that the aggregate dollar value of her accelerated compensation in cash and shares is estimated to be $756,782.

• For Mr. Dworkin, a total of $59,483 and 293,266 shares, consisting of: (a) an Accelerated Bonus in the amount of $59,483 and (b) 293,266 Accelerated Units that were RSUs. The estimated value of Mr. Dworkin's Accelerated Units is $1,302,101, assuming a per share price of $4.44, such that the aggregate dollar value of his accelerated compensation in cash and shares is estimated to be $1,361,584.

In connection with the accelerated vesting and payments described above, on December 19, 2025, the Company and each Executive executed a 280G Acknowledgement providing that the Executive will repay to the Company the after-tax portion of the Accelerated Payments if an Executive's employment with the Company and its subsidiaries terminates prior to the date on which the applicable portion of the Accelerated Payments would have vested and been paid to the Executive and such termination of employment would have otherwise resulted in the forfeiture of the applicable portion of the Accelerated Payments in accordance with the terms applicable to such Accelerated Payments prior to the mitigation actions described herein. The 280G Acknowledgement further provides that such repayment obligation will lapse upon the consummation of the Merger.

The description of the 280G Acknowledgement does not purport to be complete and is qualified in its entirety by reference to the full text of the Form of Section 280G Mitigation Acknowledgement, a copy of which is filed as Exhibit 10.1 herewith and is incorporated by reference herein.

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| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.**  |

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(d) Exhibits

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| | |
|:---|:---|
| 10.1 | [Form of Section 280G Mitigation Acknowledgement](d910404dex101.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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#### 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.

Date: December 19, 2025

---

| | |
|:---|:---|
| **Eventbrite, Inc.** | **Eventbrite, Inc.** |
| By: | /s/ Julia Hartz |
| Name: | Julia Hartz |
| Title: | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1** 

**Form of Section 280G Mitigation Acknowledgment** 

December 18, 2025

As you are aware, on December 1, 2025, Eventbrite, Inc., a Delaware corporation (the "<u>Company</u>"), entered into an Agreement and Plan of Merger (the "<u>Merger Agreement</u>") with Bending Spoons US Inc., a Delaware corporation and a wholly owned subsidiary of Bending Spoons S.p.A. ("<u>Parent</u>"), and Everest Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("<u>Merger Sub</u>"), pursuant to which, among other things, Merger Sub will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Parent (the "<u>Merger</u>"), on the terms and subject to the conditions set forth in the Merger Agreement (the "<u>Transactions</u>").

In connection with the Transactions, certain employees of the Company, including yourself, may become entitled to receive payments that may be considered "excess parachute payments" under Section 280G of the Internal Revenue Code of 1986, as amended ("<u>Section</u> <u>280G</u>"), which may result in the imposition of an excise tax on such employees, but for mitigation. On December 18, 2025, the Compensation Committee of the Board of Directors of the Company approved certain actions to mitigate the potential adverse impact of Section 280G on certain impacted employees, including accelerating the payment of certain compensation to December 19, 2025 that could otherwise have been paid to you in subsequent years.

As described in Section 3 below, the acceleration of your payments is conditioned upon your timely execution of this Form of Section 280G Mitigation Acknowledgement (this "<u>Acknowledgement</u>").

**1.**  **<u>Accelerated Payment of Certain Compensation</u>** 

If you sign this Acknowledgment, the Company agrees to accelerate (i) the vesting and settlement of certain of your performance- and/ or time-based restricted stock units that would have otherwise vested following calendar year 2025, as listed on <u>Exhibit A</u>, to December 19, 2025 (the "<u>Accelerated Units</u>"). For those Accelerated Units that are performance-based restricted stock units, such Accelerated Units will be accelerated at the target level of performance (or, with respect to any performance period that has been completed prior to the consummation of the Merger, actual performance in accordance with the applicable Accelerated Unit, if higher than target), and (ii) the vesting and payment of your annual cash bonus for 2025 that would have otherwise been payable to you in 2026, assuming a payout of 26.25% of target, as listed on <u>Exhibit A</u> (the "<u>Accelerated Bonus</u>" and, collectively, the "<u>Accelerated Payments</u>").

The Accelerated Payments shall offset the corresponding payments, vesting, settlement and/or amounts that you would have otherwise become entitled to receive in the future (whether prior to, upon consummation of, or following the Transactions) so there shall in no event be any duplication of payments, vesting, settlement and/or amounts.

**2.**  **<u>Repayment of Accelerated Payments</u>** 

In the event that (i) for the Accelerated Bonus only, the applicable performance criteria under the bonus plan that would have otherwise been required for the accelerated payout contemplated herein are not met or (ii) (a) your employment with the Company and its subsidiaries terminates prior to the date on which the Accelerated Payments would have otherwise vested but for this Acknowledgment and (b) such termination would have otherwise resulted in forfeiture of any portion of the Accelerated Payments (or would not otherwise have resulted in accelerated vesting of the Accelerated Payments) in accordance with the terms of the applicable Compensatory Agreement (as defined below) (e.g., you voluntarily terminate employment without "good reason" or your employment is terminated for "cause", in either case, as

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applicable and in accordance with the terms of the applicable Compensatory Agreement), you shall repay to the Company the after-tax amount of the corresponding portion of the Accelerated Payments within thirty (30) days following the date of such determination that the performance criteria assumptions underlying the Accelerated Bonus were not achieved or your termination of employment, as applicable. Notwithstanding the foregoing, the repayment obligation shall lapse upon the consummation of the Transactions, subject to your continued employment or service with the Company and its subsidiaries through the date the Transactions are consummated.

**3.**  **<u>Acknowledgment</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) You hereby acknowledge and agree that the Accelerated Payments in Section 1 above shall be subject in all respects to the terms, conditions and requirements described in Section 2 above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) You hereby acknowledge and agree that the plans, arrangements and agreements governing the Accelerated Payments are listed on <u>Exhibit B</u> hereto (collectively, the "<u>Compensatory Agreements</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) This Acknowledgment shall be governed by and construed in accordance with the laws of the State of Delaware without reference to such state's principles of conflicts of law that would cause the laws of any other jurisdiction to apply.

**This Acknowledgment does not constitute legal or tax advice and may not cover all of the factors that any particular individual should or would consider relevant to his or her individual situation. Each individual must evaluate his or her unique situation and make his or her own decisions related to the payments described above and the terms and conditions thereof. This Acknowledgment does not guarantee that no excise tax will be imposed on you. You should seek advice based on your particular circumstances from an independent tax advisor.** 

[SIGNATURE PAGE FOLLOWS]

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By execution of this Acknowledgment below, the parties agree to the terms and conditions contained herein, as of the date first above written.

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| | |
|:---|:---|
| EVENTBRITE, INC. | EVENTBRITE, INC. |
| By: | Julia Hartz |
| Title: | Chief Executive Officer |
| EXECUTIVE | EXECUTIVE |
| Name: [__] | Name: [__] |

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[SIGNATURE PAGE TO SECTION 280G MITIGATION ACKNOWLEDGMENT]

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**EXHIBIT A** 

**Accelerated Units** 

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Grant Date** | **Number of [RSUs/ PSUs]**<br> **Accelerated** | **Original Vesting Date** |

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**Accelerated Bonus** 

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;[Name] | [Amount] |

---

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**EXHIBIT B** 

**Compensatory Agreements** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Company 2010 Stock Plan and your award agreements thereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Company 2018 Stock Plan and your award agreements thereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Executive Severance and Change in Control Agreement, by and between the Company and you, dated as of [__].

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 2025 Annual Incentive Plan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Any plan or agreement to which you may be a party or otherwise participate in following the date of this
Acknowledgement by and between the Company or any of its subsidiaries or Bending Spoons S.p.A. and any of its subsidiaries.