secwatch.observer — SEC 8-K summary
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Issuer:     PANACEA LIFE SCIENCES HOLDINGS, INC. (PLSH)
CIK:        0001552189
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001493152-23-019955
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Panacea grants 1.11M shares to CEO, President, Board member, Controller in lieu of cash compensation
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- Leslie Buttorff (CEO) receives 760,000 shares for her 2023 annual salary.
- Lawrence J. Wert (Board) receives 150,000 shares for 2022-2023 Board service.
- Nick Cavarra (President) receives 150,000 shares for 2022 sales commissions.
- Nathan Berman (Controller) receives 50,000 shares in lieu of salary increase.
- 50% of shares vest immediately; remaining vest on one-year anniversary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552189/000149315223019955/0001493152-23-019955-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552189/000149315223019955/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-019955

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