secwatch.observer — SEC 8-K summary
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Issuer:     SenesTech, Inc. (SNES)
CIK:        0001680378
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001213900-22-081424
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SenesTech grants inducement equity to new CEO Fruendt (RSUs + 71,500 options) and two other hires
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- CEO Joel Fruendt receives 18,799 RSUs (quarterly vest over 12 months) and options for 71,500 shares.
- CTO Dan Palasky gets options for 26,500 shares; VP Alice Myton gets options for 1,000 shares.
- Options exercise price $2.66, vest monthly over three years, five-year term.
- Grants approved as inducements material to employment under Nasdaq Listing Rule 5635(c)(4).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680378/000121390022081424/0001213900-22-081424-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680378/000121390022081424/ea170530-8k_senestech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-081424

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