Live Bait Theater will honor David Kodeski and Edward Thomas-Herrara with its third annual ‘Grigsby’—an annual award for exceptional achievement in the art of solo performance in 2005—on Aug. 25 at its venue, 3914 N. Clark.

The award is named after James Grigsby, a figure in solo performance in the late ’70s and early ’80s in Chicago.

Tickets to the award ceremony, which will take the form of a roast, are $15 and include a pre-show cocktail reception. Call 773-871-1212 or see www.livebaittheater.org.