secwatch.observer — SEC 8-K summary
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Issuer:     Research Solutions, Inc. (RSSS)
CIK:        0001386301
Form:       8-K
Filed at:   2022-08-25T23:59:59+00:00
Accession:  0001104659-22-094490
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Research Solutions adopts long-term equity bonus program with stock price vesting targets
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- Up to 2.2M restricted stock awards to key executives under 2017 Omnibus Incentive Plan.
- Vesting based on 30-day VWAP targets: $3.00, $3.75, $4.50, $5.25, $6.00 per share.
- 5-year performance period; unvested awards forfeited after expiration.
- Recipients must hold at least 75% of vested shares during employment.
- Change of control accelerates vesting at transaction price above applicable target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386301/000110465922094490/0001104659-22-094490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386301/000110465922094490/tm2224595d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-094490

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