COO and Secretary Robert Siqveland resigns effective March 31, 2023

TABLE TRAC INC

Robert Siqveland to step down as COO and Secretary effective March 31, 2023 as part of operations restructuring.
Severance equal to 12 months base salary, paid 75% on April 15, 2023 and 25% on January 15, 2024.
Accelerated vesting of 20,000 stock options (awarded May 2021) 100% vested as of Dec 15, 2022; exercise period extended 12 months post-March 31, 2023.
Accelerated vesting of 12,500 restricted shares (awarded March 2022) 100% vested as of Dec 15, 2022.

item 5.02 item 9.01

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Departed

Robert Siqveland

Chief Operating Officer and Secretary

TBTC · TABLE TRAC INC

Effective: 2023-03-31
Filed: December 20, 2022, 6:59 PM ET

Robert Siqveland resigned from his position as Chief Operating Officer and Secretary of Table Trac, Inc. (the “Company”), effective March 31, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Siqveland resigned as Chief Operating Officer and Secretary at TABLE TRAC INC.

Action: resigned
Role: Chief Operating Officer and Secretary

Exact text from the filing

Robert Siqveland resigned from his position as Chief Operating Officer and Secretary of Table Trac, Inc. (the “Company”), effective March 31, 2023.

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Source: SEC EDGAR

accession 0001437749-22-029433

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