other
confidence high
sentiment neutral
materiality 0.20
ARCA biopharma awards incentive stock options to four executives
Oruka Therapeutics, Inc.
- CEO Michael Bristow received 95,000 options; COO Keuer 35,000; GC Ozeroff 27,500; CFO Dekker 17,700.
- Exercise price $2.29 per share, closing price on December 14, 2021; vesting in 36 equal monthly installments.
- In a change of control, 50% of unvested options accelerate; remainder vest on earlier of one year or involuntary termination.