secwatch.observer — SEC 8-K summary
======================================

Issuer:     R F INDUSTRIES LTD (RFIL)
CIK:        0000740664
Form:       8-K
Filed at:   2022-01-14T23:59:59+00:00
Accession:  0001437749-22-000960
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

RF Industries awards FY2021 bonuses and adopts FY2022 compensation plan with equity grants to top executives
--------------------------------------------------------------------------------

- FY2021 cash bonuses: CEO Dawson $143,331; CFO Yin $67,450; CRO Bibisi $67,450.
- Salary increases effective Nov 1, 2021: Dawson $425K to $435K; Yin $200K to $275K; Bibisi $200K to $210K.
- FY2022 plan: CEO target cash bonus 75% of salary (max 112.5%); other officers target 15%-50%.
- Equity grants: Dawson 23,333 RSUs + 46,667 options; Yin 8,333 RSUs + 43,334 options; Bibisi 4,000 RSUs + 8,000 options; all at $7.11 strike, four-year vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740664/000143774922000960/0001437749-22-000960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740664/000143774922000960/rfil20220114_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-000960

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