secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2022-04-20T23:59:59+00:00
Accession:  0001437749-22-009342
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MIND Technology COO Dennis P. Morris resigns by mutual agreement; separation benefits disclosed
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- COO Dennis P. Morris resigned by mutual agreement effective April 15, 2022; entered into separation agreement.
- Morris to receive $213,750 cash: $71,250 lump sum within 45 days, $142,500 over six months.
- Accelerated vesting of options for 310,000 shares and 15,000 shares of restricted stock.
- Separation agreement includes non-disclosure, non-solicitation, and non-disparagement obligations.
- Morris also receives COBRA premium payments through October 31, 2022 or until new coverage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774922009342/0001437749-22-009342-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774922009342/mind20220420b_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-009342

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