8-K
filed October 5, 2021, 7:59 PM ET
ticker XERS
CIK 0001867096
other material
confidence high
sentiment neutral
materiality 0.75
Xeris Biopharma closes merger with Strongbridge; appoints new board and officers
Xeris Biopharma Holdings, Inc.
- Board expanded from 1 to 8 directors; members include prior directors from Xeris and Strongbridge.
- New officers: John Shannon as President/COO, Kenneth Johnson as SVP Global Development, Beth Hecht as Chief Legal Officer, Steven Prestrelski as Chief Scientific Officer.
- CEO Paul Edick gets amended employment: base salary $667,244, target bonus 60%; severance up to 24 months base upon change-in-control termination.
- COO Shannon base salary $500,000 with 50% target bonus; CFO Pieper base salary $375,000 with 40% target bonus.
- Assumed legacy equity plans from both Xeris (2018 Plan, ESPP, Inducement Plan) and Strongbridge (2015 Plan, Director Plan, 2017 Inducement Plan).
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dawn Halkuff was appointed as Director at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
each of the following members of the Xeris board of directors was designated and appointed to the Board: BJ Bormann, Ph.D., Dawn Halkuff, Marla S. Persky, John Schmid and Jeffrey W. Sherman, M.D., FACP
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John H. Johnson was appointed as Director at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
each of the following members of the Strongbridge board of directors was designated and appointed to the Board: John H. Johnson and Garheng Kong, M.D., PhD, MBA
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Steven Prestrelski was appointed as Chief Scientific Officer at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Chief Scientific Officer
Exact text from the filing
the Board appointed (i) John Shannon as President and Chief Operating Officer, (ii) Kenneth Johnson, Pharm.D., as Senior Vice President, Global Development and Medical Affairs, (iii) Beth P. Hecht as Senior Vice President, Chief Legal Officer& Corporate Secretary, and (iv) Steven Prestrelski, Ph.D. as Chief Scientific Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
BJ Bormann was appointed as Director at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
each of the following members of the Xeris board of directors was designated and appointed to the Board: BJ Bormann, Ph.D., Dawn Halkuff, Marla S. Persky, John Schmid and Jeffrey W. Sherman, M.D., FACP
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John Shannon was appointed as President and Chief Operating Officer at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- President and Chief Operating Officer
Exact text from the filing
the Board appointed (i) John Shannon as President and Chief Operating Officer, (ii) Kenneth Johnson, Pharm.D., as Senior Vice President, Global Development and Medical Affairs, (iii) Beth P. Hecht as Senior Vice President, Chief Legal Officer& Corporate Secretary, and (iv) Steven Prestrelski, Ph.D. as Chief Scientific Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Beth P. Hecht was appointed as Senior Vice President, Chief Legal Officer & Corporate Secretary at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Senior Vice President, Chief Legal Officer & Corporate Secretary
Exact text from the filing
the Board appointed (i) John Shannon as President and Chief Operating Officer, (ii) Kenneth Johnson, Pharm.D., as Senior Vice President, Global Development and Medical Affairs, (iii) Beth P. Hecht as Senior Vice President, Chief Legal Officer& Corporate Secretary, and (iv) Steven Prestrelski, Ph.D. as Chief Scientific Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John Schmid was appointed as Director at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
each of the following members of the Xeris board of directors was designated and appointed to the Board: BJ Bormann, Ph.D., Dawn Halkuff, Marla S. Persky, John Schmid and Jeffrey W. Sherman, M.D., FACP
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeffrey W. Sherman was appointed as Director at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
each of the following members of the Xeris board of directors was designated and appointed to the Board: BJ Bormann, Ph.D., Dawn Halkuff, Marla S. Persky, John Schmid and Jeffrey W. Sherman, M.D., FACP
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kenneth Johnson was appointed as Senior Vice President, Global Development and Medical Affairs at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Senior Vice President, Global Development and Medical Affairs
Exact text from the filing
the Board appointed (i) John Shannon as President and Chief Operating Officer, (ii) Kenneth Johnson, Pharm.D., as Senior Vice President, Global Development and Medical Affairs, (iii) Beth P. Hecht as Senior Vice President, Chief Legal Officer& Corporate Secretary, and (iv) Steven Prestrelski, Ph.D. as Chief Scientific Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Marla S. Persky was appointed as Director at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
each of the following members of the Xeris board of directors was designated and appointed to the Board: BJ Bormann, Ph.D., Dawn Halkuff, Marla S. Persky, John Schmid and Jeffrey W. Sherman, M.D., FACP
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Garheng Kong was appointed as Director at Xeris Biopharma Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
each of the following members of the Strongbridge board of directors was designated and appointed to the Board: John H. Johnson and Garheng Kong, M.D., PhD, MBA
View on SEC.gov
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