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Sarepta Therapeutics, Inc. Message Board

  • musherga musherga Nov 14, 2013 8:50 AM Flag

    registration

    cigan posed a pertinent question posed by piney on IV. Why register securities earmarked for stock incentive plan now?
    1) they don't intend to use the new stock for incentive pay, instead just raise cash
    2) they have or will soon achieve milestones for which incentive stock may be awarded


    I think most believe number 1. I think that would get them in big trouble.
    I vote number 2. So if I'm right what are the possibilities?
    CMC completed
    phase 3 initiated
    NDA filed
    Partnership penned.

    The incentives are probably enumerated in the 2011 incentive plan cited in the S-8 and referenced in the 10-Q

    In any case I think this means an important milestone will be accomplished before the end of the year.

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