secwatch.observer — SEC 8-K summary
======================================

Issuer:     R F INDUSTRIES LTD (RFIL)
CIK:        0000740664
Form:       8-K
Filed at:   2023-01-18T23:59:59+00:00
Accession:  0001437749-23-001181
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

RF Industries awards FY2022 bonuses, raises salaries, grants equity to officers
-------------------------------------------------------------------------------

- CEO Robert Dawson gets $243,687 cash bonus; CFO Peter Yin $102,713; COO Ray Bibisi $78,435.
- Base salary increases: Dawson from $435K to $445K, Yin $275K to $285K, Bibisi $210K to $220K, retroactive Jan 1, 2023.
- Equity grants: Dawson 31,818 restricted shares + options for 63,636 shares at $5.59; Yin 11,364 restricted + options for 22,727; Bibisi 5,455 restricted + options for 10,909.
- Options and restricted stock vest over 4 years with one-quarter vesting Jan 11, 2024, remainder quarterly over next 3 years.
- Options have 10-year term, exercise price $5.59 (closing price on grant date).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740664/000143774923001181/0001437749-23-001181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740664/000143774923001181/rfil20230117_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-001181

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