secwatch.observer — SEC 8-K summary
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Issuer:     UNIFI INC (UFI)
CIK:        0000100726
Form:       8-K/A
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0000950170-24-011723
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unifi appoints A.J. Eaker as CFO with $350K base salary, RSU award of 23,000 shares
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- A.J. Eaker appointed EVP, CFO and Treasurer effective Jan 30, 2024; amendment discloses compensation details.
- Base salary $350K; eligible for bonuses and standard executive benefits.
- Initial grants: $100K cash award plus 23,000 RSUs vesting 25% after year 1, 25% year 2, 50% year 3.
- Severance: 12 months' salary if terminated without cause or resigns for good reason; COBRA reimbursement up to 12 months.
- Non-compete and non-solicitation for 12 months post-termination; full equity vesting upon change of control, death or disability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100726/000095017024011723/0000950170-24-011723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100726/000095017024011723/ufi-20240130.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-011723

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