---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-021726"
form_type: "8-K"
ticker: "LFMD"
cik: "0000948320"
company_name: "LifeMD, Inc."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T22:13:34.112982+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# LifeMD grants GC Eric Yecies 375,000 restricted shares with performance milestones

## Summary
- 375,000 restricted shares granted; replaces 200,000 stock options ($7.55 strike) and 105,000 performance units cancelled.
- 150,000 shares time-vest: 12,500 immediately, 37,500 Nov 20, 2023, 100,000 Jan 1, 2024.
- 225,000 performance shares: $100M net revenue/5% EBITDA margin by 2025; $150M/10% by 2026; $200M/10% by 2027.
- 75,000 shares vest by CEO/Board discretion for 2023 and 2024 performance on 3/1/24 and 3/1/25.
- Unvested shares accelerate upon change of control or termination without cause/good reason.

## SEC filing metadata
- accession: 0001493152-23-021726
- form_type: 8-K
- ticker: LFMD
- cik: 0000948320
- company_name: LifeMD, Inc.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/948320/000149315223021726/0001493152-23-021726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/948320/000149315223021726/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-021726
- JSON: https://secwatch.observer/filing/0001493152-23-021726.json
- Plain text: https://secwatch.observer/filing/0001493152-23-021726.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.