| | | | | 2 | | | |
| | | | | 7 | | | |
| | | | | 12 | | | |
| | | | | 13 | | | |
| | | | | 15 | | | |
| | | | | 16 | | | |
| | | | | 19 | | | |
| | | | | 19 | | | |
| | | | | 31 | | | |
| | | | | 32 | | | |
| | | | | 34 | | | |
| | | | | 34 | | |
Name of Beneficial Owner
|
| |
Number of
Shares Beneficially Owned(1) |
| |
Percentage
Beneficially Owned(1) |
| ||||||
5% Owners | | | | | | | | | | | | | |
Celgene Corporation
86 Morris Avenue Summit, New Jersey 07901 |
| | | | 902,519(2) | | | | | | 17.7% | | |
Perceptive Advisors, LLC
499 Park Avenue, 25th Floor New York, NY 10022 |
| | | | 643,730(3) | | | | | | 12.3% | | |
Officers and Directors | | | | | | | | | | | | | |
David I. Johnson
|
| | | | 342,814(4) | | | | | | 6.7% | | |
Joseph Warusz
|
| | | | | | | | | | | | |
Brian M. Posner(12)
|
| | | | 84,656(5) | | | | | | 1.7% | | |
Bradford C. Barton(13)
|
| | | | 102,798(6) | | | | | | 2.0% | | |
Pellegrino Pionati(14)
|
| | | | 60,660(7) | | | | | | 1.2% | | |
Joseph M. Leone
|
| | | | 21,194(8) | | | | | | * | | |
Jeffrey Sklar
|
| | | | 18,805(9) | | | | | | * | | |
Gary Restani
|
| | | | 15,700(10) | | | | | | * | | |
Mark Wagner
|
| | | | 54,430(11) | | | | | | 1.1% | | |
Directors and executive officers as a group (9 persons)
|
| | | | 581,057 | | | | | | 13.2% | | |
Name
|
| |
Age
|
| |
Position
|
|
David Johnson | | |
60
|
| | President, Chief Executive Officer and Director | |
Mark Wagner | | |
61
|
| | Director | |
Joseph Leone | | |
64
|
| | Director | |
Gary Restani | | |
71
|
| | Director | |
Jeffrey Sklar | | |
55
|
| | Director | |
| |
The board of directors recommends a vote FOR the five director nominees.
|
| |
Name and Principal Position
|
| |
Year
|
| |
Salary
|
| |
Bonus
|
| |
Stock
Awards(1) |
| |
Option
Awards(1) |
| |
All Other
Compensation |
| |
Total
|
| |||||||||||||||||||||
David Johnson
President and Chief Executive Officer |
| | | | 2017 | | | | | $ | 350,000 | | | | | $ | 276,500(3) | | | | | $ | 274,000 | | | | | $ | — | | | | | $ | 11,400(5) | | | | | $ | 911,900 | | |
| | | 2016 | | | | | $ | 350,000 | | | | | $ | 245,000(4) | | | | | $ | 258,000 | | | | | $ | — | | | | | $ | 11,400(5) | | | | | $ | 864,400 | | | ||
Brian Posner(2)
Chief Financial Officer, Treasurer and Secretary |
| | | | 2017 | | | | | $ | 246,800 | | | | | $ | 118,310(8) | | | | | $ | 103,829 | | | | | $ | — | | | | | $ | 8,400(6) | | | | | $ | 477,339 | | |
| | | 2016 | | | | | $ | 240,000 | | | | | $ | 100,800(4) | | | | | $ | 86,000 | | | | | $ | — | | | | | $ | 8,400(6) | | | | | $ | 435,200 | | | ||
Bradford Barton(9)
Chief Operating Officer |
| | | | 2017 | | | | | $ | 246,800 | | | | | $ | 118,310(3) | | | | | $ | 103,829 | | | | | $ | — | | | | | $ | 8,400(7) | | | | | $ | 477,339 | | |
| | | 2016 | | | | | $ | 240,000 | | | | | $ | 100,800(4) | | | | | $ | 86,000 | | | | | $ | — | | | | | $ | 8,400(7) | | | | | $ | 435,200 | | | ||
Pellegrino Pionati(10)
Chief Strategy and Marketing Officer |
| | | | 2017 | | | | | $ | 246,800 | | | | | $ | 118,310(3) | | | | | $ | 103,829 | | | | | $ | — | | | | | $ | 8,400(6) | | | | | $ | 477,339 | | |
| | | 2016 | | | | | $ | 240,000 | | | | | $ | 100,800(4) | | | | | $ | 86,000 | | | | | $ | — | | | | | $ | 8,400(6) | | | | | $ | 435,200 | | |
| | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||||||||||||||||||||
Name
|
| |
Number of
Securities Underlying Unexercised Options Exercisable |
| |
Number of
Securities Underlying Unexercised Options Unexercisable |
| |
Option
Exercise Price |
| |
Option
Expiration Date |
| |
Number of
Shares or Units of Stock That Have Not Vested |
| |
Market
Value of Shares or Units of Stock That Have Not Vested |
| | | ||||||||||||||||||||||
David Johnson
David Johnson David Johnson David Johnson David Johnson David Johnson David Johnson David Johnson David Johnson David Johnson David Johnson |
| | | | 5,920 | | | | | | — | | | | | $ | 43.80 | | | | | | 11/29/22 | | | | | | | | | | | | | | | | | ||||
| | | 5,920 | | | | | | — | | | | | $ | 65.60 | | | | | | 11/29/22 | | | | | | | | | | | | | | | | | ||||||
| | | 5,920 | | | | | | — | | | | | $ | 87.50 | | | | | | 11/29/22 | | | | | | | | | | | | | | | | | ||||||
| | | 27,923 | | | | | | — | | | | | $ | 32.80 | | | | | | 02/04/23 | | | | | | | | | | | | | | | | | ||||||
| | | 11,713 | | | | | | — | | | | | $ | 35.00 | | | | | | 11/14/23 | | | | | | | | | | | | | | | | | ||||||
| | | 73,058 | | | | | | — | | | | | $ | 68.20 | | | | | | 12/20/23 | | | | | | | | | | | | | | | | | ||||||
| | | 7,668 | | | | | | 3,834(1) | | | | | $ | 62.30 | | | | | | 02/06/25 | | | | | | | | | | | | | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 10,000(2) | | | | | $ | 18,100(3) | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 30,000(4) | | | | | $ | 54,300(3) | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 50,000(5) | | | | | $ | 90,500(3) | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 30,000(6) | | | | | $ | 54,300(3) | | | | | ||||||
Brian Posner
Brian Posner Brian Posner Brian Posner Brian Posner Brian Posner Brian Posner Brian Posner |
| | | | 6,172 | | | | | | — | | | | | $ | 43.80 | | | | | | 09/03/23 | | | | | | | | | | | | | | | | | ||||
| | | 6,172 | | | | | | — | | | | | $ | 65.60 | | | | | | 09/03/23 | | | | | | | | | | | | | | | | | ||||||
| | | 6,172 | | | | | | — | | | | | $ | 87.50 | | | | | | 09/03/23 | | | | | | | | | | | | | | | | | ||||||
| | | 7,002 | | | | | | — | | | | | $ | 90.00 | | | | | | 03/06/24 | | | | | | | | | | | | | | | | | ||||||
| | | 7,668 | | | | | | 3,834(1) | | | | | $ | 62.30 | | | | | | 02/06/25 | | | | | | | | | | | | | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 3,334(2) | | | | | $ | 6,035(3) | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 10,002(4) | | | | | $ | 18,104(3) | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 10,000(6) | | | | | $ | 18,100(3) | | | | | ||||||
Bradford Barton
Bradford Barton Bradford Barton Bradford Barton Bradford Barton Bradford Barton Bradford Barton Bradford Barton Bradford Barton Bradford Barton |
| | | | 5,487 | | | | | | — | | | | | $ | 43.80 | | | | | | 05/10/23 | | | | | | | | | | | | | | | | | ||||
| | | 5,487 | | | | | | — | | | | | $ | 54.70 | | | | | | 05/10/23 | | | | | | | | | | | | | | | | | ||||||
| | | 5,487 | | | | | | — | | | | | $ | 65.60 | | | | | | 05/10/23 | | | | | | | | | | | | | | | | | ||||||
| | | 5,487 | | | | | | — | | | | | $ | 87.50 | | | | | | 05/10/23 | | | | | | | | | | | | | | | | | ||||||
| | | 5,487 | | | | | | — | | | | | $ | 109.40 | | | | | | 05/10/23 | | | | | | | | | | | | | | | | | ||||||
| | | 7,002 | | | | | | — | | | | | $ | 90.00 | | | | | | 03/06/24 | | | | | | | | | | | | | | | | | ||||||
| | | 7,668 | | | | | | 3,834(1) | | | | | $ | 62.30 | | | | | | 02/06/25 | | | | | | | | | | | | | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 3,334(2) | | | | | $ | 6,035(3) | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 10,002(4) | | | | | $ | 18,104(3) | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 10,000(6) | | | | | $ | 18,100(3) | | | | | ||||||
Pellegrino Pionati
Pellegrino Pionati Pellegrino Pionati Pellegrino Pionati |
| | | | 6,668 | | | | | | 3,334(7) | | | | | $ | 52.50 | | | | | | 06/15/25 | | | | | | | | | | | | | | | | | ||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 3,000(7) | | | | | $ | 5,430(3) | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 10,002(4) | | | | | $ | 18,104(3) | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 10,000(6) | | | | | $ | 18,100(3) | | | | |
| | |
Number of
securities to be issued upon exercise of outstanding |
| |
Weighted
average exercise price of outstanding options, |
| |
Number of
securities remaining available for future issuance |
| |||||||||
Equity compensation plans approved by security holders
|
| | | | 561,152 | | | | | $ | 25.93 | | | | | | 123,362 | | |
Equity compensation plans not approved by security holders
|
| | | | 285,852(1) | | | | | $ | 63.05 | | | | | | — | | |
Total
|
| | | | 847,004 | | | | | $ | 38.46 | | | | | | 123,362 | | |
|
| | |
Year
|
| |
Fees
Earned or Paid in Cash |
| |
Option
Awards(1) |
| |
Total
|
| ||||||||||||
Jerome Zeldis, M.D., Ph.D.(2)
|
| | | | 2017 | | | | | $ | 30,000 | | | | | $ | 22,318(3) | | | | | $ | 52,318 | | |
Winston Kung(4)
|
| | | | 2017 | | | | | $ | —(5) | | | | | $ | —(6) | | | | | $ | — | | |
Joseph Leone
|
| | | | 2017 | | | | | $ | 28,125 | | | | | $ | 22,318(3) | | | | | $ | 50,443 | | |
Gary Restani
|
| | | | 2017 | | | | | $ | 27,189 | | | | | $ | 22,318(3) | | | | | $ | 49,507 | | |
Jeffrey Sklar
|
| | | | 2017 | | | | | $ | 28,750 | | | | | $ | 22,318(3) | | | | | $ | 51,068 | | |
Mark Wagner
|
| | | | 2017 | | | | | $ | 18,750 | | | | | $ | 22,318(3) | | | | | $ | 41,068 | | |
| | |
Year Ended
December 31, 2017 |
| |
Year Ended
December 31, 2016 |
| ||||||
Audit fees
|
| | | $ | 219,081 | | | | | $ | 203,425 | | |
Audit-related fees
|
| | | | 61,896 | | | | | | 29,165 | | |
Tax fees
|
| | | | — | | | | | | — | | |
Total
|
| | | $ | 281,077 | | | | | $ | 232,590 | | |
|
| |
The board of directors recommends a vote FOR the ratification of the appointment of Marcum LLP.
|
| |