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

Issuer:     LifeMD, Inc. (LFMD)
CIK:        0000948320
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0001493152-22-002985
Event type: other
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LifeMD awards 75k RSUs and 250k PSUs to CFO; 37.5k RSUs and 105k PSUs to GC
---------------------------------------------------------------------------

- CFO Marc Benathen receives 75k RSUs vesting over 2 years and 250k PSUs tied to revenue/EBITDA/stock price milestones.
- General Counsel Eric Yecies receives 37.5k RSUs vesting over 2 years and 105k PSUs with same performance criteria.
- PSUs have a 5-year performance period; 100% accelerate upon Change of Control, forfeited on other departures.
- Awards recognize 2021 contributions including Benathen's role in preferred share offering and Yecies' work on medical PC network.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/948320/000149315222002985/0001493152-22-002985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/948320/000149315222002985/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-002985

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