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DARA > SEC Filings for DARA > Form 8-K on 29-Dec-2011All Recent SEC Filings

Show all filings for DARA BIOSCIENCES, INC.



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 December 27, 2011, the Compensation Committee of Board of Directors of DARA BioSciences, Inc. (the "Company") approved the compensation to be received by the Company's President and Chief Executive Officer, David J. Drutz, M.D. Dr. Drutz will be paid an annual salary of $325,000 and also was awarded options to purchase 375,000 shares of the Company's Common Stock.

On December 27, 2011 and in connection with his appointment to serve as the Company's Chairman of the Board, the Board of Directors also approved the grant of options to purchase 375,000 shares of the Company's Common Stock to Steve Gorlin.

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