Life Time Group President Thomas Bergmann resigns, remains consultant through March 2026

Life Time Group Holdings, Inc.

Bergmann resigned as President effective Dec 30, 2022; enters consulting agreement for up to 10 hrs/quarter through Mar 31, 2026.
Outstanding equity awards continue to vest during consulting period; vested options remain exercisable after termination.
Eligible for 2022 annual incentive based on actual results; health insurance and club membership paid through June 30, 2024.
Separation benefits conditioned on non-rescission and compliance with confidentiality, non-compete, non-solicitation.

item 5.02

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Departed

Thomas E. Bergmann

President

LTH · Life Time Group Holdings, Inc.

Effective: 2022-12-30
Filed: December 30, 2022, 6:59 PM ET

On December 30, 2022, Life Time Group Holdings, Inc. (the “Company”) entered into an Agreement and General Release (the “Agreement”) with Thomas E. Bergmann, the Company’s President and former Chief Financial Officer, in connection with his previously announced resignation from the Company to be effective December 30, 2022.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas E. Bergmann resigned as President at Life Time Group Holdings, Inc..

Action: resigned
Role: President

Exact text from the filing

On December 30, 2022, Life Time Group Holdings, Inc. (the “Company”) entered into an Agreement and General Release (the “Agreement”) with Thomas E. Bergmann, the Company’s President and former Chief Financial Officer, in connection with his previously announced resignation from the Company to be effective December 30, 2022.

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Life Time Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001869198-22-000072

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