UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On February 12, 2024, Duluth Holdings Inc. (the “Company”) issued a press release announcing the number of shares granted in connection with the inducement award to Heena Agrawal, Senior Vice President and Chief Financial Officer of the Company, the material terms of which were previously disclosed, in connection with NASDAQ Listing Rule 5635(c)(4), which requires public announcement of such awards made outside the terms of the Company’s 2015 Equity Incentive Plan.
The Company and Ms. Agrawal also entered into the Inducement Restricted Stock Award Agreement, dated February 12, 2024, pursuant to which the shares were issued.
A copy of the Inducement Restricted Stock Award Agreement is attached hereto as Exhibit 10.1 to this filing and is incorporated herein by reference. The Company’s press release announcing the grant is also attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits.
| Exhibit |
Description | |
| 10.1 | Inducement Restricted Stock Award Agreement, dated February 12, 2024, by and between Ms. Agrawal and the Company. | |
| 99.1 | Press Release dated February 12, 2024. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DULUTH HOLDINGS INC. | ||||||
| Dated: February 12, 2024 | By: | /s/ Samuel M. Sato | ||||
| Samuel M. Sato President and Chief Executive Officer | ||||||
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