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TOPIC: Incentive Rewards 2015 Plan

Incentive Rewards 2015 Plan 02 Feb 2016 04:50 #6159

  • fas
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Three Form 4 filings were made at the SEC, which means that there were changes in the shareholdings of Cytori stock by rule 16 employees i.e. top management.

The filing indicated that (freebie) shares were issued :

Represents shares of Common Stock issued under the Company's 2015 Executive Management Incentive Compensation Plan and vested based upon level of achievement of certain metrics related to clinical trial enrollment and the Company's financial position for the performance period of May 26, 2015 to December 31, 2015. All shares were issued pursuant to the Company's 2014 Equity Incentive Plan.


Beneficiaries were : Hedrick- 70.500, Kesten- 47.000 , Girao - 35.230 shares.

Maybe others - DOV? Franshei? want to comment here.

I prefer to keep my (pen) mouth shut :yawn:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Incentive Rewards 2015 Plan 02 Feb 2016 07:14 #6163

  • myownhedgefund
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***Incentive Compensation Plan and vested based upon level of achievement of certain metrics related to clinical trial enrollment ***

Nothing surprises me on the compensation front with CYTX. Imagine when they actually make money !
However, it would seem the large number of December scleroderma site openings are explained and I guess also explains why we are still waiting for the last 5 to be updated as open. No need to push without extra pay. Mr Dean would have understood. :evil:

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