secwatch.observer — SEC 8-K summary
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Issuer:     ONE Group Hospitality, Inc. (STKS)
CIK:        0001399520
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0001558370-24-004719
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO, Exec Chairman, and CFO granted options and performance RSUs under 2019 Plan
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- Options: CEO 81,616, Exec Chairman 16,446, CFO 14,209 shares; strike $5.73,1-yr vest,10-yr term.
- Performance RSUs: CEO 61,082, Exec Chairman 22,905, CFO 14,179; 15% CAGR VWAP target over 3 years.
- First option grants under the 2019 Equity Incentive Plan; ~50 employees get options, ~30 get RSUs.
- Options are part of 2023 annual performance compensation; RSUs are long-term retention awards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1399520/000155837024004719/0001558370-24-004719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1399520/000155837024004719/stks-20240402x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-004719

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