other material
confidence high
sentiment neutral
materiality 0.55
BioLife execs to receive up to 100% of base salary in stock through Dec 2023
BIOLIFE SOLUTIONS INC
- CEO Michael Rice to receive 50% of base salary in vested shares for Aug 14-Dec 31, 2023; 50% in cash.
- EVP Aby Mathew to receive 100% of base salary in shares; CFO and COO to receive 30% in shares.
- All board members will receive all remaining 2023 cash compensation in fully vested shares.
- Compensation reverts to full cash payment on January 1, 2024.