Intensity Therapeutics Inc. filed SEC Form 8-K: Leadership Update
$INTS
Biotechnology: Biological Products (No Diagnostic Substances)
Health Care
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 21, 2024
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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 October 21, 2024 (the “Grant Date”), the Board of Directors (the “Board”) of Intensity Therapeutics, Inc. (the “Company”) approved, following the recommendation of the Compensation Committee of the Board, the grant of options (the “Options”) to certain employees of the Company in order to continue to incentivize and retain such employees, including (i) Options to purchase 427,379 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) to Joseph Talamo, our Chief Financial Officer, and (ii) Options to purchase 70,028 shares of Common Stock to John Wesolowski, our Principal Accounting Officer and Controller. The Options were granted on the Grant Date pursuant to the Company’s 2021 Stock Incentive Plan. The Options are exercisable for $3.44 per share, the fair market value of the Common Stock on the Grant Date, and vest in five equal annual installments beginning on the Grant Date.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 23, 2024
| Intensity Therapeutics, Inc. | |||||||||||
| By: | /s/ Lewis H. Bender | ||||||||||
| Name: | Lewis H. Bender | ||||||||||
| Title: | Chief Executive Officer | ||||||||||
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