secwatch.observer — SEC 8-K summary
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Issuer:     Ocugen, Inc. (OCGN)
CIK:        0001372299
Form:       8-K
Filed at:   2022-03-23T23:59:59+00:00
Accession:  0001104659-22-036781
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Ocugen director Manish Potti not standing for re-election; board adds Marna Whittington, new CAO employment deal
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- Manish Potti, Class II director, will not stand for re-election at 2022 annual meeting; no disagreement cited.
- Board expanded from 7 to 8; Marna Whittington appointed Class II director effective March 21, 2022; board to shrink to 7 after annual meeting.
- Dr. Whittington receives initial option grant with grant date fair value $285,000, vesting over three years.
- CAO Jessica Crespo enters amended employment agreement with base salary $375,000 and target bonus 40% of base salary.
- Crespo awarded stock option ($225,000 fair value) and RSUs ($75,000 fair value), both vesting over three years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372299/000110465922036781/0001104659-22-036781-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372299/000110465922036781/tm2210190d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-036781

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