secwatch.observer — SEC 8-K summary
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Issuer:     BLOOMIA HOLDINGS, INC. (TULP)
CIK:        0000875355
Form:       8-K
Filed at:   2021-09-16T23:59:59+00:00
Accession:  0001654954-21-010158
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insignia Systems grants retention bonuses to CEO, COO, and CFO; Weber gets employment contract
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- Zackery A. Weber entered employment agreement as Sr. Director FP&A; base salary $145k/year through Sept 2024.
- Weber eligible for annual cash incentive of 50% of base salary starting fiscal year 2022, tied to performance.
- Retention bonuses: CEO Glancy $200k, COO May $115k, Weber $55k, paid half by March 2022 and half by Sept 2022.
- Bonuses clawed back if executive resigns or is fired for cause before Dec 31, 2022; retained if terminated without cause or after change in control.
- If terminated without cause or with good reason, Weber receives prorated incentive, 50% base lump sum, and 3 months benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875355/000165495421010158/0001654954-21-010158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875355/000165495421010158/isig_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-21-010158

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