other material
confidence high
sentiment neutral
materiality 0.30
BJ's Restaurants amends equity plan for retirement option exercise; extends former exec's options
BJs RESTAURANTS INC
- Plan amendment allows employees retiring after age 60 with 10 years of service to exercise vested options until original expiration (previously 3 months).
- Non-employee directors retiring after 6 consecutive years get similar extension to original expiration (previously 6 months).
- Kevin E. Mayer, former EVP & Chief Growth and Brand Officer (resigned April 5, 2022), gets option exercise extended to Dec 31, 2022.
- Annual meeting elected 12 directors, approved advisory executive compensation, and ratified KPMG as FY2022 auditor.