secwatch.observer — SEC 8-K summary
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Issuer:     OXBRIDGE RE HOLDINGS Ltd (OXBR)
CIK:        0001584831
Form:       8-K
Filed at:   2022-03-31T23:59:59+00:00
Accession:  0001654954-22-004351
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Oxbridge Re grants 16,000 restricted shares each to Cabillot and Persaud; raises Madhu and Timothy salaries
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- Each of Raymond Cabillot and Kris Persaud received 16,000 restricted ordinary shares under 2014 Omnibus Incentive Plan.
- Shares vest 6.25% per quarter starting grant date through Dec 31, 2025; subject to forfeiture before vesting.
- Jay Madhu's base salary increased from $232,000 to $285,000 per annum effective Jan 1, 2022.
- Wrendon Timothy's base salary increased from $132,000 to $162,000 per annum effective Jan 1, 2022.
- Issuance exempt from registration under Section 4(a)(2) of Securities Act as not a public offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584831/000165495422004351/0001654954-22-004351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584831/000165495422004351/oxbr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-004351

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