---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-029433"
form_type: "8-K"
ticker: "TBTC"
cik: "0001090396"
company_name: "TABLE TRAC INC"
filed_at: "2022-12-20T23:59:59+00:00"
generated_at: "2026-06-21T01:23:30.923381+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# COO and Secretary Robert Siqveland resigns effective March 31, 2023

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-22-029433
- form_type: 8-K
- ticker: TBTC
- cik: 0001090396
- company_name: TABLE TRAC INC
- filed_at: 2022-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090396/000143774922029433/0001437749-22-029433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090396/000143774922029433/tbltrc20221219_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-029433
- JSON: https://secwatch.observer/filing/0001437749-22-029433.json
- Plain text: https://secwatch.observer/filing/0001437749-22-029433.txt

## Key facts
- Executive change
  Robert Siqveland resigned as Chief Operating Officer and Secretary at TABLE TRAC INC.
  - Action: resigned
  - Role: Chief Operating Officer and Secretary
  source text: Robert Siqveland resigned from his position as Chief Operating Officer and Secretary of Table Trac, Inc. (the “Company”), effective March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090396/000143774922029433/0001437749-22-029433-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.