leadership
confidence high
sentiment neutral
materiality 0.60
KURA Oncology amends equity plan to increase shares by 1.46M and grants PSUs to executives
Kura Oncology, Inc.
- Board approved amendment to 2014 Equity Incentive Plan to increase shares by 1,459,800, subject to stockholder approval at 2023 Annual Meeting.
- Compensation Committee and Board granted PSUs totaling 1,235,100 shares to five executive officers, contingent on stockholder approval of amendment.
- PSU vesting tied to milestones: FDA NDA approval for ziftomenib in AML, initiation of registration-enabling trial, and Phase 2 start of farnesyl transferase inhibitor combination.
- Executive officers receiving PSUs: CEO Troy Wilson (547,500), CLO Teresa Bair (146,700), CMO Stephen Dale (247,500), CCO Kirsten Flowers (146,700), COO Kathleen Ford (146,700).