secwatch.observer — SEC 8-K summary
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Issuer:     J&J SNACK FOODS CORP (JJSF)
CIK:        0000785956
Form:       8-K
Filed at:   2021-11-17T23:59:59+00:00
Accession:  0001437749-21-026986
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

J&J Snack Foods raises CEO base salary to $900k, grants performance shares to CEO and CFO
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- CEO Dan Fachner's base salary increased from $875,000 to $900,000; target bonus remains at 100% of base.
- CEO long-term incentive target raised from 150% to 167% of base salary; total potential comp up 7.7% YoY.
- CEO granted 9,677 performance share units (50% time-vest, 50% performance) vesting Sept 2024 on cumulative EBITDA.
- CFO Ken Plunk granted 2,580 performance share units (50% time-vest, 50% performance) with same vesting terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/785956/000143774921026986/0001437749-21-026986-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/785956/000143774921026986/jjsf20211115_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-026986

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