secwatch.observer — SEC 8-K summary
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Issuer:     Dave & Buster's Entertainment, Inc. (PLAY)
CIK:        0001525769
Form:       8-K
Filed at:   2022-10-11T23:59:59+00:00
Accession:  0001104659-22-107413
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dave & Buster's approves one-time equity grants to executives with stock purchase condition
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- Compensation Committee approved one-time grants of performance-based RSUs, time-based RSUs, and stock options to named executive officers on Oct 7, 2022.
- Annual long-term incentive awards for participants will be adjusted downward for the next five years.
- Options vest in equal annual installments over five years, subject to a purchase condition requiring stock purchase by Jan 13, 2023.
- Failure to meet the purchase condition (minimum $ amount) results in forfeiture of proportionate option shares.
- The grants align executive interests with shareholders; form of nonqualified stock option agreement filed as Exhibit 10.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1525769/000110465922107413/0001104659-22-107413-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1525769/000110465922107413/tm2227933d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-107413

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