---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-033599"
form_type: "8-K"
ticker: "CREX"
cik: "0001356093"
company_name: "CREATIVE REALITIES, INC."
filed_at: "2022-06-17T23:59:59+00:00"
generated_at: "2026-06-25T00:46:59.580238+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Creative Realities adjusts exec compensation; new options, cash bonus plan with EBITDA targets up to $7.6M

## Summary
- Board eliminates 2022 revenue target of $38M for performance options; new EBITDA target for vesting set at $3.6M.
- CEO Mills and CFO Logan receive new 10-year options to purchase 1,000,000 and 600,000 shares at $1.00 per share.
- New options vest in tranches based on VWAP targets from $2.00 to $6.00; also guaranteed price of $6.40 or $7.20.
- Cash bonus plan for 2022: bonuses up to 150% of base salary based on EBITDA targets from $3.6M to $7.6M.
- These changes supersede the prior 2020 incentive program based on $38M revenue and $3.5M EBITDA targets.

## SEC filing metadata
- accession: 0001213900-22-033599
- form_type: 8-K
- ticker: CREX
- cik: 0001356093
- company_name: CREATIVE REALITIES, INC.
- filed_at: 2022-06-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1356093/000121390022033599/0001213900-22-033599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1356093/000121390022033599/ea161551-8k_creativereal.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-033599
- JSON: https://secwatch.observer/filing/0001213900-22-033599.json
- Plain text: https://secwatch.observer/filing/0001213900-22-033599.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.