secwatch.observer — SEC 8-K summary
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Issuer:     ProPhase Labs, Inc. (PRPH)
CIK:        0000868278
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001493152-22-012630
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProPhase Labs appoints Bill White as CFO effective May 23, 2022
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- Bill White, 61, replaces Monica Brady, who becomes CAO and CFO of subsidiary ProPhase Diagnostics.
- White previously CFO/COO of Intellicheck (IDN); over 30 years financial management experience.
- Salary $350k; minimum 2022 bonus $50k; inducement option for 400k shares at $6.74, vesting 4 years.
- Severance: 6 months salary if terminated without cause before 1 year; 12 months after 1 year.
- Inducement option exempt from stockholder approval per Nasdaq Rule 5635(c)(4).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868278/000149315222012630/0001493152-22-012630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868278/000149315222012630/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-012630

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