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RPRX > SEC Filings for RPRX > Form 8-K on 1-Apr-2014All Recent SEC Filings

Show all filings for REPROS THERAPEUTICS INC.

Form 8-K for REPROS THERAPEUTICS INC.


1-Apr-2014

Change in Directors or Principal Officers


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

On March 26, 2014, the Compensation Committee of the Board of Directors of Repros Therapeutics Inc. (the "Company") approved grants to Joseph S. Podolski, the Company's President and Chief Executive Officer and President, and Ronald Wiehle, the Company's Vice President, Research and Development, of options to purchase 150,000 shares and 75,000 shares, respectively, of the Company's common stock, $0.001 per share (the "Common Stock"), as compensation for their continued efforts in furtherance of the Company's efforts to develop and commercialize AndroxalŽ. The options, which were granted under the Company's 2011 Equity Incentive Plan, have a per share exercise price of $17.47, the closing price of the Common Stock on the Nasdaq Stock Market on the date of grant, a term of 10 years, and will vest in quarterly installments over the three years following the date of grant.

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