secwatch.observer — SEC 8-K summary
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Issuer:     TrueBlue, Inc. (TBI)
CIK:        0000768899
Form:       8-K/A
Filed at:   2022-07-14T23:59:59+00:00
Accession:  0000768899-22-000104
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TrueBlue discloses CEO Cooper's compensation: $1M salary, $3.5M RSUs, $250k signing bonus
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- Base salary $1,000,000 annually; target bonus 150% of base for 2022 prorated from effective date.
- Signing bonus of $250,000 and $3,500,000 in restricted stock units (Initial RSUs) granted Aug 1, 2022.
- Initial RSUs cliff vest on earlier of 3-year anniversary or appointment of successor CEO (with 120-day notice).
- Severance for qualifying termination: 18 months base salary, pro-rata bonus, equity vesting acceleration for 18 months.
- Change-in-Control termination provides 2x (salary + avg bonus), 18 months benefits, and full equity vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768899/000076889922000104/0000768899-22-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768899/000076889922000104/tbi-20220614.htm
  HTML page:      https://secwatch.observer/filing/0000768899-22-000104

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