other material
confidence high
sentiment neutral
materiality 0.50
BJ's Restaurants corrects director RSU vesting; consulting deal with ex-CEO Trojan; director pay rises
BJs RESTAURANTS INC
- Corrects prior 8-K: annual RSU award for non-employee directors vests one year from grant.
- Consulting agreement with former CEO Gregory Trojan: $1,000/month fee, health coverage until May 2024, extended option exercise to 10 years.
- Director compensation effective Jan 1, 2022: $65,000 annual cash retainer; $110,000 RSU award vesting one year; additional committee retainers.
- Consulting agreement with Gerald Deitchle terminated effective Jan 1, 2022.