Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
VRML > SEC Filings for VRML > Form 8-K on 10-Mar-2014All Recent SEC Filings

Show all filings for VERMILLION, INC.



Change in Directors or Principal Officers

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

On March 5, 2014, the Compensation Committee of the Board of Directors of Vermillion, Inc. approved the 2013 bonus payout amounts to each of the named executive officers listed below. The 2013 cash bonus payout amounts were determined based primarily on (1) continued commercialization of OVA1 and increasing test volume, (2) generation of clinical data to foster inclusion in society position statements, (3) progress on platform migration, (4) advancement of a next-generation diagnostic test, (5) management of operating expenses and
(6) a discretionary component based on the achievement of certain strategic initiatives. The amounts below together represent approximately 73% of the aggregate target bonus amount for such named executive officers. Mr. McLain's payout was prorated based upon his start date of March 18, 2013.

         Name                         Title                Bonus Payout for 2013
Thomas H. McLain        President and Chief Executive      $92,887
                        Senior Vice President of Business
Donald G. Munroe, Ph.D. Development and Chief Scientific   $81,250
Eric J. Schoen          Vice President, Finance and Chief  $44,250
                        Accounting Officer

  Add VRML to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for VRML - All Recent SEC Filings
Copyright © 2015 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.