secwatch.observer — SEC 8-K summary
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Issuer:     BJs RESTAURANTS INC (BJRI)
CIK:        0001013488
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0001171843-24-005017
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BJ's Restaurants appoints Lyle Tick as President & Chief Concept Officer
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- Lyle Tick appointed President & Chief Concept Officer effective Sept 9, 2024; previously Brand President of Buffalo Wild Wings.
- Base salary $600K ($800K if named CEO), annual bonus target 70% (100% if CEO), $200K signing bonus, $600K initial equity grant.
- Tick to receive $7,500/month housing allowance, $1,500/month auto allowance, up to $15K legal fee reimbursement.
- Tick may become CEO by Jan 14, 2026 per agreement; severance enhanced if CEO at termination.
- Term through Dec 31, 2028 with auto-renewal; non-solicitation and non-disparagement covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013488/000117184324005017/0001171843-24-005017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013488/000117184324005017/f8k_090324.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-005017

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