secwatch.observer — SEC 8-K summary
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Issuer:     J.Jill, Inc. (JILL)
CIK:        0001687932
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0000950170-24-137394
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

J.Jill grants $1.48M retention bonus in RSUs to CFO/COO Mark Webb
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- Retention bonus of $1,475,800 in stock-settled RSUs granted to EVP, CFO and COO Mark Webb effective Dec 13, 2024.
- 50% of RSUs vest on first anniversary; remaining 50% vest quarterly (12.5% per quarter) starting Q1 2026.
- Unvested RSUs accelerate upon Qualifying Termination (without Cause, for Good Reason, death/Disability) within two years.
- Forfeiture of unvested RSUs upon termination for any other reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687932/000095017024137394/0000950170-24-137394-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687932/000095017024137394/jill-20241213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-137394

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