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 April 4, 2023, the compensation committee of the Board of Directors of MyMD Pharmaceuticals, Inc. (the “Company”) approved a one-time grant under the Company’s 2021 Equity Incentive Plan to Dr. Chris Chapman, the Company’s President and Chief Medical Officer, of options to purchase up to 750,000 shares of the Company’s common stock, with an exercise price of $1.55 per share. The options vest in three equal installments on April 4, 2023, 2024 and 2025, provided that Dr. Chapman remains employed by the Company or a subsidiary on the applicable vesting date, and shall expire on the fifth anniversary of the date of grant.
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.
| MYMD PHARMACEUTICALS, INC. | ||
| Date: April 5, 2023 | By: | /s/ Chris Chapman |
| Chris Chapman, M.D. | ||
| President | ||