secwatch.observer — SEC 8-K summary
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Issuer:     BIOLIFE SOLUTIONS INC (BLFS)
CIK:        0000834365
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001437749-23-016750
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

BioLife Solutions amends severance for CFO and SVP; increases to 12 months
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- CFO Troy Wichterman severance increased from 9 to 12 months base salary plus COBRA.
- SVP Karen Foster severance increased from 6 to 12 months base salary plus COBRA.
- Double trigger change-in-control severance, effective Jan 3, 2023, included in amendments.
- 2023 base salaries: Wichterman $472,000, Foster $382,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/834365/000143774923016750/0001437749-23-016750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/834365/000143774923016750/bioli20230602_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-016750

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