HF Foods Group signs separation agreement with departed CFO Victor Lee

HF Foods Group Inc.

CFO Kong Hian Lee (Victor Lee) departed on May 6, 2022; separation agreement signed May 18, 2022.
Lee receives base salary through July 31, 2022, then 12 monthly severance installments less $80,000.
COBRA premiums paid up to 12 months; RSUs vesting on July 8, 2022 to continue.
Contingent on filing Form 10-K, Lee receives lump sum of $42,165.50 plus $8,662.40 bonus payment.
No interim CFO or successor named; CEO Xiao Mou Peter Zhang signed the report.

item 5.02 item 9.01

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Departed

Kong Hian Lee

Chief Financial Officer

HFFG · HF Foods Group Inc.

Effective: 2022-05-06
Filed: May 24, 2022, 7:59 PM ET

As previously disclosed, as of the close of business on May 6, 2022 (the “Transition Date”), Kong Hian Lee (aka Victor Lee) departed from his position as Chief Financial Officer of HF Foods Group Inc. (the “Company”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Kong Hian Lee departed as Chief Financial Officer at HF Foods Group Inc..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

As previously disclosed, as of the close of business on May 6, 2022 (the “Transition Date”), Kong Hian Lee (aka Victor Lee) departed from his position as Chief Financial Officer of HF Foods Group Inc. (the “Company”).

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Source: SEC EDGAR

accession 0001680873-22-000032

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