SEC Form 8-K filed by Third Harmonic Bio Inc.
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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 April 21, 2025, Third Harmonic Bio, Inc. (the “Company”) and Christopher Dinsmore, Chief Scientific Officer of the Company, entered into a separation agreement with the Company (the “Separation Agreement”), pursuant to which Dr. Dinsmore would step down as Chief Scientific Officer effective April 21, 2025 (the “Separation Date”). Further pursuant to the Separation Agreement, Dr. Dinsmore will receive the severance benefits to which he is entitled pursuant to the Change in Control and Severance Agreement between the Company and Dr. Dinsmore, including (i) a lump-sum payment equal to nine (9) months of his annual salary; and (ii) to the extent he timely elects to receive continued coverage under the Company’s group healthcare plans, the Company will pay the full cost of such continued coverage for a period ending on the earlier of (nine) 9 months following the Separation Date and (y) the date that he becomes eligible for coverage under another employer’s plans. All payments and benefits provided under the Separation Agreement are contingent upon the effectiveness of, and Dr. Dinsmore’s continued compliance with, the Separation Agreement. The Separation Agreement also contains a release of claims, as well as standard non-disparagement and confidentiality provisions.
The foregoing description of the Separation Agreement is qualified in its entirety by reference to the complete text of the Separation Agreement, a copy of which will be filed with the Company’s Quarterly Report on Form 10-Q for the three months ending June 30, 2025.
SIGNATURE
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.
| THIRD HARMONIC BIO, INC. | ||||||
| Date: April 22, 2025 | By: | /s/ Chris Murphy | ||||
| Chris Murphy | ||||||
| Chief Financial and Business Officer | ||||||