Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously disclosed by GameStop Corp. (the "Company"), on March 29, 2021, Chris R. Homeister, Executive Vice President and Chief Merchandising Officer of the Company, notified the Company of his intent to resign his employment with the Company citing diminished responsibilities. On April 28, 2021, the Company and Mr. Homeister entered into a Transition and Separation Agreement (the "Transition Agreement"). The Transition Agreement provides for Mr. Homeister's resignation from employment with the Company following a transition period ending June 2, 2021. Following such resignation and subject to his execution of, and the irrevocability of, a general release, Mr. Homeister will become entitled to the payments, rights and benefits associated with a "Good Reason" resignation under his employment agreement with the Company. Mr. Homeister's employment agreement with the Company was previously filed as Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 30, 2019. During his remaining period of employment, Mr. Homeister will continue to serve as the Company's Chief Merchandising Officer or, if the Company requests, as a Senior Adviser, to enable an orderly transfer of his duties to his successor. The foregoing description of the Transition Agreement is not complete and is qualified by reference to the full text of the Transition Agreement, a copy of which is filed herewith as Exhibit 10.1.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.



Exhibit No.  Description

10.1 Transition and Separation Agreement, dated April 28, 2021, between GameStop Corp. and Chris R. Homeister . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

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

© Edgar Online, source Glimpses