Summary of GTX INC /DE/ - Yahoo! Finance

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 14, 2012, the Compensation Committee of the Board of Directors (the "Board") of GTx, Inc. (the "Company") approved cash bonus awards for fiscal 2012 for the Company's "named executive officers" (as defined under applicable securities laws) under the GTx Executive Bonus Compensation Plan (the "Bonus Plan"). On the same date, the Compensation Committee of the Board approved the 2013 annual base salaries for the named executive officers, in each case effective as of January 1, 2013. The cash bonus awards for fiscal 2012 under the Bonus Plan and the 2013 annual base salaries approved for each such named executive officer are as set forth in the table below:

                                                                                            Cash Bonus
                                                                        2013 Annual          Award for
                                                                        Base Salary         Fiscal 2012
Named Executive Officer                     Title                           ($)                 ($)
Mitchell S. Steiner         Chief Executive Officer and
                            Vice-Chairman of the Board                       565,110             205,842
Mark E. Mosteller           Vice President, Chief Financial
                            Officer and Treasurer                            320,856              53,941
Marc S. Hanover             President and Chief Operating Officer            491,646             151,531
James T. Dalton             Vice President, Preclinical Research
                            and Development                                  430,560              72,384