LifeMD director Velge resigns; CEO Schreiber receives 100k share equity awards

LifeMD, Inc.

Bertrand Velge resigned from LifeMD board effective Nov 8, 2023; no disagreement with company.
CEO Justin Schreiber entered First Amendment to Employment Agreement on Nov 13, 2023.
Awards: 50,000 restricted shares vesting Jan 1, 2024; conditional grant of 50,000 shares by Nov 13, 2024.
Upon change in control or termination without cause/good reason, 100% of awards vest immediately.

item 5.02 item 9.01

Executive movements

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Departed

Bertrand Velge

member of the board of directors

LFMD · LifeMD, Inc.

Effective: 2023-11-08
Filed: November 14, 2023, 6:59 PM ET

Effective November 8, 2023, Bertrand Velge voluntarily resigned from his position as a member of the board of directors (the “Board”) of LifeMD, Inc. (the “Company”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Bertrand Velge resigned as member of the board of directors at LifeMD, Inc..

Action: resigned
Role: member of the board of directors

Exact text from the filing

Effective November 8, 2023, Bertrand Velge voluntarily resigned from his position as a member of the board of directors (the “Board”) of LifeMD, Inc. (the “Company”).

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LifeMD, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-041139

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