secwatch.observer — SEC 8-K summary
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Issuer:     URBAN ONE, INC. (UONE)
CIK:        0001041657
Form:       8-K
Filed at:   2022-10-03T23:59:59+00:00
Accession:  0001558370-22-014786
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban One enters new employment agreements for Hughes, Liggins, Thompson
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- Cathy Hughes (Chairwoman): $1M base, 281,250 restricted Class A shares + options for 93,750 Class D shares as completion bonus.
- Alfred Liggins (CEO): $1.25M base, 468,750 restricted Class A shares + options for 156,250 Class D shares as completion bonus.
- Peter Thompson (CFO): $650K base, $250K signing bonus, 150,000 restricted Class D shares as completion bonus, bonus target 75% of base.
- All agreements effective Jan 1, 2022 through Dec 31, 2024; annual bonuses tied to exceeding 90% of budget.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041657/000155837022014786/0001558370-22-014786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041657/000155837022014786/uone-20220927x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-014786

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