secwatch.observer — SEC 8-K summary
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Issuer:     Mama's Creations, Inc. (MAMA)
CIK:        0001520358
Form:       8-K
Filed at:   2023-10-20T23:59:59+00:00
Accession:  0001493152-23-037851
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mama’s Creations amends incentive plan, grants CEO and CFO RSUs and PSUs
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- Board approved amendment to 2021 Incentive Plan to allow stock units (RSUs and PSUs); no increase in share pool.
- CEO Adam Michaels: RSUs of 185,185 (annual), 277,778 (sign-on), 46,146 (2023), and PSUs up to 1.6M shares combined.
- CFO Anthony Gruber received sign-on PSUs with max payout of 540,000 shares based on stock price performance 2022-2027.
- Vesting: 25% immediate for sign-on and annual RSUs; remainder over three equal annual increments.
- Amendment also removed Section 162(m) performance-based exception references per TCJA repeal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520358/000149315223037851/0001493152-23-037851-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520358/000149315223037851/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-037851

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