other
confidence high
sentiment neutral
materiality 0.30
Savara stockholders approve 2024 Omnibus Incentive Plan adding 11.7M new shares
Savara Inc
- Stockholders approved 2024 Omnibus Incentive Plan at June 6, 2024 annual meeting.
- Plan reserve includes 11.7M new shares plus any shares remaining under prior plan and forfeited awards.
- Plan authorizes grants of options, SARs, restricted stock, RSUs, and other awards to eligible individuals.
- Key terms: exercise price at least 100% FMV, max term 10 years, Non-Employee Director annual limit $1M total value.
- Outstanding prior 2015 plan awards continue; no new grants under prior plan after effective date.