Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(e) OnJanuary 21, 2022 , the Compensation Committee of the Board of Directors ofOverstock.com, Inc. (the "Company") approved the base salaries for 2022 (effectiveJanuary 30, 2022 ) and the payment of discretionary cash bonuses to certain of the Company's executive officers, including those set forth in the table below. The Committee also approved the grants of restricted stock units under the Company's 2005 Equity Incentive Plan, which are set forth in the
table below. Executive Officer Title 2022 Salary 2021 Discretionary Bonus Restricted Stock Unit Award* Jonathan E. Johnson III Chief Executive Officer$875,000.00 $195,000.00 50,000.00 David Nielsen President$575,000.00 $125,000.00 20,000.00 Adrianne Lee Chief Financial Officer$500,000.00 $100,000.00 20,000.00 Carter Lee Chief Administrative Officer$360,000.00 $55,000.00 9,000.00 Joel Weight Chief Technology Officer$350,000.00 $55,000.00 11,000.00 *Restricted stock unit grants are made pursuant to the Company's 2005 Equity Incentive Plan and will vest in three equal annual increments after theJanuary 21, 2022 grant date. Figures shown are the number of units/shares.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Description of Exhibit
The XBRL tags on the cover page of this Form 8-K are embedded within the 104 Inline XBRL document.
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