secwatch.observer — SEC 8-K summary
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Issuer:     PAR TECHNOLOGY CORP (PAR)
CIK:        0000708821
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0000708821-22-000007
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

PAR Tech grants 20,000 RSUs to CEO Savneet Singh as recognition award for 2021 milestones
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- Compensation Committee approved grant of 20,000 time-vesting RSUs to CEO/President Savneet Singh on Feb 11, 2022.
- Award vests ratably in one-third increments annually from grant date, subject to continued service.
- Grant recognizes Singh's leadership in Punchh acquisition (April 2021), common stock offering, and convertible note sale (Sept 2021).
- This award is in addition to equity grants under his Employment Agreement and March 2020 grants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708821/000070882122000007/0000708821-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708821/000070882122000007/par-20220211.htm
  HTML page:      https://secwatch.observer/filing/0000708821-22-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer