---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-007427"
form_type: "8-K"
ticker: "SMPL"
cik: "0001702744"
company_name: "Simply Good Foods Co"
filed_at: "2022-01-25T23:59:59+00:00"
generated_at: "2026-06-27T15:55:27.499812+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Simply Good Foods reprices term loans, reduces interest rate and transitions to SOFR

## Summary
- Repricing Amendment lowers Applicable Rate on Initial Term Loans and resets prepayment premium for six months.
- Credit Agreement amended to implement SOFR-based interest rate provisions.
- Existing Term Lenders convert, sell loans, or assign; Barclays acts as Replacement Lender.
- Board adopted amended Executive Severance Plan; no change to payout formulas.
- At annual meeting, all director nominees elected; say-on-pay received 18.9M against votes (~21% of votes cast).

## SEC filing metadata
- accession: 0001104659-22-007427
- form_type: 8-K
- ticker: SMPL
- cik: 0001702744
- company_name: Simply Good Foods Co
- filed_at: 2022-01-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702744/000110465922007427/0001104659-22-007427-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702744/000110465922007427/tm224221d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-007427
- JSON: https://secwatch.observer/filing/0001104659-22-007427.json
- Plain text: https://secwatch.observer/filing/0001104659-22-007427.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.