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Share Name | Share Symbol | Market | Type |
---|---|---|---|
GlycoMimetics Inc | NASDAQ:GLYC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0087 | -4.03% | 0.2073 | 0.1977 | 0.203 | 0.21 | 0.192 | 0.21 | 1,480,076 | 22:11:20 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer |
(Address of principal executive offices, including zip code)
(
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On June 10, 2024, the Board of Directors (the “Board”) of GlycoMimetics, Inc. (the “Company”), upon the recommendation of the Compensation Committee of the Board (the “Committee”), granted performance-based stock options (each, an “Award” and together, the “Awards”) to the Company’s named executive officers (the “NEOs”) under the terms of the Company’s Amended and Restated 2013 Equity Incentive Plan (the “Amended 2013 Plan”). The Awards are exercisable for the number of shares of common stock set forth in the table below, with each option having an exercise price of $0.2589 per share.
Officer |
| Title | Shares Underlying |
Harout Semerjian |
| President and Chief Executive Officer | 521,250 |
Brian Hahn | Chief Financial Officer | 187,500 | |
Edwin Rock, M.D. |
| Chief Medical Officer | 187,500 |
Each Award will vest in full upon FDA approval of the Company’s product candidate uproleselan for the treatment of acute myeloid leukemia, subject to the recipient’s continued service through the vesting date.
The Awards are in addition to the service-based stock options that the Committee awarded to the NEOs on January 12, 2024, each of which has an exercise price of $3.11 per share.
The description of the Awards contained herein is a summary of their material terms, does not purport to be complete and is qualified in its entirety by reference to the Amended 2013 Plan and the forms of Stock Option Grant Notice and Stock Option Agreement under the Amended 2013 Plan, which were filed as Exhibit 10.1 and Exhibit 10.2, respectively, to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission on March 27, 2024.
2
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.
GLYCOMIMETICS, INC. | ||
By: | /s/ Brian M. Hahn | |
Date: June 13, 2024 | Brian M. Hahn |
3
Document and Entity Information |
Jun. 10, 2024 |
---|---|
Document and Entity Information [Abstract] | |
Document Type | 8-K |
Document Period End Date | Jun. 10, 2024 |
Entity File Number | 001-36177 |
Entity Registrant Name | GlycoMimetics, Inc. |
Entity Incorporation, State or Country Code | DE |
Entity Tax Identification Number | 06-1686563 |
Entity Address, Address Line One | 9708 Medical Center Drive |
Entity Address, City or Town | Rockville |
Entity Address, State or Province | MD |
Entity Address, Postal Zip Code | 20850 |
City Area Code | 240 |
Local Phone Number | 243-1201 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, $0.001 par value |
Trading Symbol | GLYC |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0001253689 |
Amendment Flag | false |
Document Information |
Jun. 10, 2024 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment | false |
CIK | 0001253689 |
Registrant Name | GlycoMimetics, Inc. |
Period End Date | Jun. 10, 2024 |
1 Year GlycoMimetics Chart |
1 Month GlycoMimetics Chart |
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