secwatch.observer — SEC 8-K summary
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Issuer:     Vera Bradley, Inc. (VRA)
CIK:        0001495320
Form:       8-K
Filed at:   2024-10-11T23:59:59+00:00
Accession:  0001495320-24-000073
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vera Bradley adopts limited-duration shareholder rights plan (poison pill) expiring Oct 2025
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- Plan triggers at 15% beneficial ownership (20% for passive 13G investors).
- Each Right entitles holder to buy 1/1,000th of a Series A Preferred share at $30.50.
- Rights become exercisable after a triggering event; non-triggering holders can buy shares at 2x exercise price.
- Plan effective immediately and will expire on October 11, 2025, unless earlier redeemed or exchanged.
- Company says plan is to protect long-term shareholder value and guard against abusive accumulation tactics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495320/000149532024000073/0001495320-24-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495320/000149532024000073/vra-20241010.htm
  HTML page:      https://secwatch.observer/filing/0001495320-24-000073

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