UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 21, 2022, the Board of Directors of Journey Medical Corporation (the “Company”) approved the granting of equity awards under the Company’s 2015 Stock Plan, as amended, to certain named executive officers as follows: (a) an award of 300,000 restricted stock units (“RSUs”) to Claude Maraoui, the Company’s Chief Executive Officer; and (b) an award of 150,000 RSUs to Ernest De Paolantonio, the Company’s Chief Financial Officer. The RSUs vest in four equal annual installments beginning on July 21, 2023 (each an “RSU Vesting Date”), provided the grantee provides continuous service to the Company from the Grant Date through the applicable RSU Vesting Date and subject to the other terms of the RSU award agreement.
The RSUs were granted pursuant to a RSU award agreement, the form of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference in this Item 5.02.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are furnished herewith:
Exhibit Number |
Description | |
10.1 | Form of Journey Medical Corporation 2015 Stock Plan Restricted Stock Unit Award Agreement. | |
104 | Cover Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Journey Medical Corporation | ||
(Registrant) | ||
Date: July 22, 2022 | ||
By: | /s/ Claude Maraoui | |
Claude Maraoui | ||
Chief Executive Officer, President and Director |