secwatch.observer — SEC 8-K summary
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Issuer:     CKX LANDS, INC. (CKX)
CIK:        0000352955
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0001437749-22-007531
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CKX Lands extends CEO Stream's term to 4 years, alters RSU vesting and performance share targets
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- Term of President/Treasurer William Gray Stream's employment extended from 3 to 4 years, now expiring July 15, 2024.
- RSU vesting schedule shifted: first vesting at 2nd anniversary (was 1st), full vesting at 4th anniversary (was 3rd).
- Performance share stock price targets increased to thresholds from $12.00 to $15.00 per share with specific percentages.
- Amendment effective March 24, 2022; other terms of agreement unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352955/000143774922007531/0001437749-22-007531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352955/000143774922007531/ckx20220328_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-007531

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