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

On January 16, 2023, the Board of Directors ("Board") of ParkerVision, Inc. (the "Company") approved a performance bonus for Mr. Jeffrey Parker, the Company's chief executive officer, that included $40,000 in cash and 200,000 restricted shares under the Company's 2019 Long-Term Incentive Plan (the "2019 Plan"). The restricted shares vest immediately and have a grant-date fair value of approximately $60,000. The bonus was awarded as consideration for Mr. Parker's continued contribution to the Company and the continuation of his voluntary reduction in base salary of $60,000 annually since July 2018.

In addition, on January 16, 2023, the Board amended the 2019 Plan to increase the number of shares of common stock reserved for issuance under the 2019 Plan from 27 million to 30 million shares in order to provide sufficient reserved shares for future awards.

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