Item 2.02. Results of Operations and Financial Condition.
On March 23, 2023, Wireless Telecom Group, Inc., a New Jersey corporation (the
"Company"), issued a press release announcing its operating results for the
three and twelve month period ended December 31, 2022.
A copy of the press release is furnished as Exhibit 99.1 hereto.
Item 5.02 Departure of Directors or Certain Officers; Election of of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
On March 20, 2023, the Company entered into a separation agreement with Alfred
Rodriguez and he will step down from his position as Senior Vice President as of
April 1, 2023. As part of the Separation Agreement, pursuant to the terms of his
employment contract, the Company will pay Mr. Rodriguez a lump sum amount of
$112,500 as well as salary continuation payments for nine months. Mr. Rodriguez
will provide a general release of claims against the Company and its affiliates.
Item 9.01. Financial Statements Exhibits
(d) Exhibits.
Exhibit No. Description
99.1 Press Release of Wireless Telecom Group, Inc., dated March 23,
2023
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
© Edgar Online, source Glimpses