secwatch.observer — SEC 8-K summary
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Issuer:     TABLE TRAC INC (TBTC)
CIK:        0001090396
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001437749-22-029433
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

COO and Secretary Robert Siqveland resigns effective March 31, 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090396/000143774922029433/0001437749-22-029433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090396/000143774922029433/tbltrc20221219_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-029433

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