TriSalus boosts CFO pay and grants options
TriSalus Life Sciences, Inc. increased annual compensation for its Chief Financial Officer, David Patience, as approved by the Compensation Committee.
Rhea-AI Filing Summary
TriSalus Life Sciences, Inc. increased annual compensation for its Chief Financial Officer, David Patience, as approved by the Compensation Committee. His annual base salary rose from $450,000 under his May 27, 2025 employment agreement to $550,000, effective immediately.
In addition, the Compensation Committee granted Mr. Patience stock options to purchase 249,899 shares of common stock at an exercise price of $5.11 per share. These options vest only if the company achieves or exceeds $75 million of revenue over any twelve consecutive calendar month period ending on or before December 31, 2027, tying his equity incentive to a specific revenue performance goal.
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8-K Event Classification
FAQ
What executive compensation change did TriSalus Life Sciences (TLSI) approve?
How many stock options were granted to the TriSalus (TLSI) CFO?
What is the exercise price of the new TriSalus (TLSI) CFO stock options?
What revenue target must TriSalus (TLSI) meet for the CFO options to vest?
When did TriSalus (TLSI) approve the CFO compensation increase and option grant?
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