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Organovo Holdings, Inc. Message Board

  • jesse77727 jesse77727 Sep 6, 2013 1:59 PM Flag

    Keith Murphy 100,00 shares

    In August 2012, Mr. Murphy received a grant of performance-based restricted stock units for 200,000 shares of the Issuer's Common Stock, with 25% of the shares vesting upon the achievement of each of four specific performance milestones prior to December 31, 2014. On August 28, 2013, the Compensation Committee of the Issuer's Board of Directors determined that, as a result of the Issuer (i) qualifying to list its shares of Common Stock on the NYSE MKT and (ii) completing an equity financing in August 2013, Mr. Murphy had achieved two of the four performance milestones and had vested in 100,000 shares.

    Sentiment: Strong Buy

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