secwatch.observer — SEC 8-K summary
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Issuer:     SELECTIS HEALTH, INC. (GBCS)
CIK:        0000727346
Form:       8-K
Filed at:   2022-04-04T23:59:59+00:00
Accession:  0001493152-22-008963
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selectis Health grants 200,000 stock options to CEO and President/COO at $7.00
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- CEO Lance Baller and Randy Barker each received options for 100,000 shares at $7.00 exercise price.
- Options are fully vested immediately upon grant (March 30, 2022) and expire in 10 years.
- Options include cashless exercise provision; no fees or commissions paid in connection with grant.
- Exhibit 10.2 names President as Christopher Barker, consistent with filing's Randy Barker reference.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/727346/000149315222008963/0001493152-22-008963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/727346/000149315222008963/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-008963

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