secwatch.observer — SEC 8-K summary
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Issuer:     JAKKS PACIFIC INC (JAKK)
CIK:        0001009829
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001185185-22-000390
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Jakks Pacific sets 2022 EBITDA-based bonus targets for CEO, COO, CFO
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- CEO Stephen Berman salary $1.775M, max bonus 300% ($5.325M) at EBITDA >$70M.
- COO John McGrath salary $520k, max bonus 125% ($650k); CFO John Kimble salary $540.8k, max bonus 125% ($676k).
- Bonus tiers: 25% to 300% for CEO, 25% to 125% for COO/CFO at EBITDA thresholds $40M-$70M.
- Compensation Committee may adjust criteria for extraordinary items or market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1009829/000118518522000390/0001185185-22-000390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1009829/000118518522000390/jakkspacif20220331_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-22-000390

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