HF Foods appoints Xi Lin (Felix Lin) as COO effective May 1, 2022; base salary $450K

HF Foods Group Inc.

Annual base salary of $450,000; sign-on RSU grant of $100,000.
Target annual bonus of 100% of base salary; LTI includes RSUs and PSUs each equal to 50% of base salary.
Severance: 1x base salary (no cause/good reason); 2x base salary on change-in-control termination.
Lin will transition to non-independent board member on May 1, 2022, and resign when new independent director appointed.
Relocation to Las Vegas required within 12 months; eligible for housing and moving expense reimbursement.

item 5.02 item 9.01

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Appointed

Xi Lin

Chief Operating Officer

HFFG · HF Foods Group Inc.

Filed: April 20, 2022, 7:59 PM ET

On April 15, 2022, HF Foods Group, Inc. (the “Company”) agreed to hire Xi Lin (aka Felix Lin) as Chief Operating Officer.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Xi Lin was appointed as Chief Operating Officer at HF Foods Group Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On April 15, 2022, HF Foods Group, Inc. (the “Company”) agreed to hire Xi Lin (aka Felix Lin) as Chief Operating Officer.

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Source: SEC EDGAR

accession 0001680873-22-000021

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