Hour Loop sets FY2022 bonus targets for CEO Sam Lai and SVP Maggie Yu

Hour Loop, Inc

CEO Sam Lai: 50% of base salary bonus if net profit (ex-tax) ≥ $7M; 100% if ≥ $8.5M in FY2022.
SVP Maggie Yu: 50% of base salary bonus if 75-99 new vendors added; 100% if ≥100 new vendors in FY2022.
Lai and Yu are majority shareholders (96% voting power) and husband and wife.

item 5.02 item 9.01

Hour Loop, Inc filing history →

Source: SEC EDGAR

accession 0001493152-22-002310

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