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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: i(626)i667-1002
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):
i☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading Symbol(s)
Name of each exchange on which registered
iCommon Stock, par value $0.01
iCURV
iNew
York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company i☐
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On November 22, 2022, Ms. Kelly McGuire Diehl former Executive Vice President, People and Culture of Torrid Holdings Inc. (the “Company”) entered into a Separation Agreement (the “Separation Agreement”) with the Company. The Separation Agreement provides that subject to her execution of a release and if such release is not revoked within a seven day period, Ms. Diehl will become entitled to the payments, rights and benefits as follows: separation pay in the gross amount of $450,000 paid through salary continuation for a period of one year, as well as a lump sum payment of $23,667 following Ms. Diehl’s execution of the Separation Agreement; and if Ms. Diehl elects maintenance of Employee’s health insurance under the Consolidated
Omnibus Budget Reconciliation Act (“COBRA”), payment of the premium to the third-party administrator for such health insurance coverage for the same one year period or until Employee becomes re-insured under a different plan, whichever occurs first.
Exhibit No.
Exhibit Description
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
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.
