secwatch.observer — SEC 8-K summary
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Issuer:     S&W Seed Co (—)
CIK:        0001477246
Form:       8-K
Filed at:   2023-08-22T23:59:59+00:00
Accession:  0000950170-23-043782
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

S&W Seed formalizes separation agreement with retiring CEO Mark Wong; outlines $331K in bonus and equity acceleration
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- Separation agreement with Mark Wong, retired as President and CEO, includes FY2023 cash bonus of $118,125.
- Stock option bonus with target cash value of $150,000 and RSU bonus with cash value of $63,000.
- All outstanding RSUs and a stock option to purchase 100,787 shares become fully vested.
- COBRA payments for up to 6 months; remaining options vest normally with acceleration if board service ends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477246/000095017023043782/0000950170-23-043782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477246/000095017023043782/sanw-20230818.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-043782

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