Bubblr adopts 2022 equity incentive plan, grants RSUs to CEO and CCO, amends founder loan

Bubblr Inc.

2022 Equity Incentive Plan approved; 28.4M shares authorized for issuance through May 25, 2032.
CEO Rik Willard receives 5.4M RSUs (2.7M/year vesting) and $144k salary, rising to $180k after $5M capital raise.
CCO Steven Saunders receives 3.0M RSUs (1.5M/year vesting) and same salary terms as CEO.
Founder Stephen Morris loan amended: maturity on earlier of $7.5M offering or 2 years; £115k due after $1.5M bridge.
Stephen Morris resigned from board May 30, 2022; no disagreement; remains CTO.

item 1.01 item 3.02 item 5.02 item 9.01

Executive movements

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Departed

Stephen Morris

Director

BBLR · Bubblr Inc.

Effective: 2022-05-30
Filed: June 1, 2022, 7:59 PM ET

On May 30, 2022, Stephen Morris resigned as a member of our board of directors.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen Morris resigned as Director at Bubblr Inc..

Action: resigned
Role: Director

Exact text from the filing

On May 30, 2022, Stephen Morris resigned as a member of our board of directors.

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Bubblr Inc. filing history →

Source: SEC EDGAR

accession 0001663577-22-000337

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