secwatch.observer — SEC 8-K summary
======================================

Issuer:     Simply Good Foods Co (SMPL)
CIK:        0001702744
Form:       8-K
Filed at:   2021-08-13T23:59:59+00:00
Accession:  0001702744-21-000077
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simply Good Foods extends CEO Scalzo's contract to 6 years, grants 200k options at $36.56
--------------------------------------------------------------------------------

- Initial term extended from 5 to 6 years, now ending July 7, 2023.
- Retirement vesting: awards granted before Sep 1, 2022 need 1-year tenure; after Sep 1, 2022 need 6 months.
- Option grant: 200,000 shares at $36.56, 100% vest on 3rd anniversary, expire in 10 years.
- Option grant vesting continues after retirement per amended provisions.
- Amendment recognizes CEO's success integrating Quest and strong financial performance during COVID.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702744/000170274421000077/0001702744-21-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702744/000170274421000077/atk-20210813.htm
  HTML page:      https://secwatch.observer/filing/0001702744-21-000077

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