Opko Health Inc.

29/07/2024 | Press release | Distributed by Public on 29/07/2024 10:01

Management Change/Compensation Form 8 K

ITEM 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 24, 2024, the Compensation Committee of the Board of Directors (the "Committee") of OPKO Health, Inc. (the "Company") held a meeting to review certain compensation matters for the Company's executive officers. At the meeting, the Committee (i) granted restricted stock units of the Company's common stock to the Company's named executive officers (the "Officers") as set forth opposite their names below and (ii) approved bonus payments to the Officers in the amounts set forth opposite their names below. The restricted stock units vest 50% on the second anniversary of the grant date, then ratably on an annual basis over the following two years.
Name
Title
Restricted Stock
Bonus
Phillip Frost, M.D.
Chief Executive Officer/Chairman
500,000
$480,000
Jane H. Hsiao, Ph.D.
Vice Chairman/Chief Technical Officer
500,000
$450,000
Elias A. Zerhouni, M.D.
Vice Chairman/President
500,000
$450,000
Steven D. Rubin
Executive Vice President - Administration
437,500
$400,000
Adam Logal
Senior Vice President/Chief Financial Officer
437,500
$475,000