RESONANT INC : Change in Directors or Principal Officers (form 8-K)

Published: 2022-01-19 16:39:06 ET RESN

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 14, 2022, the Compensation Committee (the "Compensation Committee") of the Board of Directors of Resonant Inc. approved increases in the annual base salaries payable to our executive officers, including Martin McDermut and Dylan Kelly, our Chief Financial Officer and Chief Operating Officer, respectively, who are our named executive officers, in the amounts set forth opposite their names below. Such increases become effective on January 22, 2022.

On January 14, 2022, the Compensation Committee awarded restricted stock units ("RSUs") under the Resonant Inc. Amended and Restated 2014 Omnibus Incentive Plan to our employees, including George Holmes, our CEO, and Messrs. McDermut and Kelly in the amounts set forth opposite their names below. Such RSUs will vest in four equal annual installments on December 1, 2022, 2023, 2024 and 2025, provided the recipient remains employed with us until the vesting date. The RSU award to Mr. Holmes was approved by our Board of Directors upon the recommendation of the Compensation Committee.

--------------------------------------------------------------------------------