THE ONE GROUP HOSPITALITY, INC. (NASDAQ:STKS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Appointment of Emanuel Hilario to the Board of
Directors
(d) On April 10, 2017, the Board of Directors (the Board) of The
ONE Group Hospitality, Inc. (the Company) appointed Emanuel P.N.
Hilario as a director, effective immediately.
As a non-employee director, Mr. Hilario is entitled to receive
cash compensation and grants of stock options or other equity
awards in accordance with the arrangements in effect for
non-employee directors of the Company and its committees. In
connection with his appointment to the Board, Mr. Hilario will
receive a one-time grant of forty-five thousand dollars ($45,000)
payable in shares of common stock of the Company.
There are no arrangements or understandings between Mr. Hilario
and any other person to which he was selected as a member of the
Board. The Company is not aware of any transaction in which Mr.
Hilario has an interest requiring disclosure under Item 404(a) of
Regulation S-K.
| Item9.01 | Financial Statements and Exhibits. |
(d)Exhibits.
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Exhibit No. |
Description |
| 99.1 | Press Release dated April 10, 2017. |
THE ONE GROUP HOSPITALITY, INC. (NASDAQ:STKS) Recent Trading Information
THE ONE GROUP HOSPITALITY, INC. (NASDAQ:STKS) closed its last trading session at with 29,900 shares trading hands.