Palisade Bio promotes Robert McRae to COO, appoints J.D. Finley to Board

PALISADE BIO, INC.

Robert McRae appointed COO effective Feb 2, 2023; previously SVP of Operations and Strategic Development.
J.D. Finley (interim CEO/CFO) appointed to Board as Class III director, expanding board from 7 to 8.
Finley's base salary raised to $490K (from $440K) and target bonus increased to 45%, effective Oct 1, 2022.
Conditional equity grants to officers: 81,500 options ($2.40, 10yr), 59,500 RSUs, 68,700 PSUs; require shareholder approval.
PSUs vest 50% at $3.20 VWAP and 50% at $4.25 VWAP over 20 consecutive trading days.

item 3.02 item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Robert McRae

Chief Operating Officer

PALI · PALISADE BIO, INC.

Effective: 2023-02-02
Filed: February 8, 2023, 6:59 PM ET

On February 2, 2023, the Company appointed Robert McRae as the Company’s Chief Operating Officer.

Appointed

J.D. Finley

Director

PALI · PALISADE BIO, INC.

Effective: 2023-02-02
Filed: February 8, 2023, 6:59 PM ET

On February 2, 2023, the Board appointed J.D. Finley to the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert McRae was appointed as Chief Operating Officer at PALISADE BIO, INC..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On February 2, 2023, the Company appointed Robert McRae as the Company’s Chief Operating Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

J.D. Finley was appointed as Director at PALISADE BIO, INC..

Action: appointed
Role: Director

Exact text from the filing

On February 2, 2023, the Board appointed J.D. Finley to the Board.

View on SEC.gov

PALISADE BIO, INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-003966

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