secwatch.observer — SEC 8-K summary
======================================

Issuer:     ZeroStack Corp. (ZSTK)
CIK:        0001790169
Form:       8-K
Filed at:   2023-12-21T23:59:59+00:00
Accession:  0001062993-23-023025
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flora Growth Corp. enters new CEO/CFO agreements with SARs tied to share price milestones
--------------------------------------------------------------------------------

- CEO Clifford Starke base salary $420k; SARs valued at 12% of outstanding shares vest in 12 tranches tied to 50% share price increases each.
- CFO Dany Vaiman base salary $275k; SARs valued at 4% of outstanding shares vest in 8 tranches tied to 50% share price increases each.
- SARs expire 10 years from grant; exercisable only after shareholder approval at annual meeting.
- Both agreements provide severance of 1.5x base salary upon termination without cause or for good reason.
- Agreements have indefinite term and are retroactive to date of appointment as CEO/CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1790169/000106299323023025/0001062993-23-023025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1790169/000106299323023025/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-023025

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