ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On June 29, 2020, Regis Corporation (the "Company") announced that Jim Lain's employment as Executive Vice President and Chief Operating Officer will end on July 17, 2020 under circumstances that entitle him to severance benefits under his employment agreement and the Company's severance program. In addition, Mr. Lain will receive continued coverage under the group executive medical reimbursement policy for one year. The Company and Mr. Lain have also agreed to enter into a consulting arrangement pursuant to which Mr. Lain will provide consulting services to the Company through December 31, 2020 and will receive a one-time lump sum payment of $150,000 for such consulting services. Mr. Lain's receipt of the severance benefits under his employment agreement and other consulting benefits is conditioned upon Mr. Lain signing the separation and consulting agreement and general release.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.



(d) Exhibits.

EXHIBIT
NUMBER

104                Cover Page Interactive Data File (embedded within the Inline XBRL document).

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