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Proposal | | | Votes Required | | | Voting Options | | | Impact of “Withhold” or “Abstain” Votes | | | Broker Discretionary Voting Allowed | |
Proposal No. 1: Election of Directors | | | The plurality of the votes cast. This means that the two nominees receiving the highest number of affirmative “FOR” votes will be elected as Class | | | “FOR ALL” “WITHHOLD ALL” “FOR ALL EXCEPT” | | | None(1) | | | No(3) | |
Proposal No. 2: Ratification of Appointment of Independent Registered Public Accounting Firm | | | The affirmative vote of the holders of a majority in voting power of the votes cast affirmatively or negatively (excluding abstentions) at the Annual Meeting by the holders entitled to vote thereon. | | | “FOR” “AGAINST” “ABSTAIN” | | | None(2) | | | Yes(4) | |
|
| Class | Current Term Ending at 2024 Annual Meeting | | | Class II Directors − Current Term Ending at 2025 Annual Meeting | | ||
| 2026 Annual Meeting | | ||||||
| Maybelle Jordan W. Matthew Zuga | | | Brigid A. Makes C. Randal Mills, Ph.D. | | | David Colpman Kevin Rakin | |
Class III Directors | | | Age | | | Director Since | | | Current Position at Aziyo | | |||
David Colpman | | | | | 61 | | | | 2022 | | | Director | |
Kevin Rakin | | | | | 62 | | | | 2015 | | | Executive Chairman | |
Class I Directors | | Age | | Director Since | | Current Position at Aziyo | | | Age | | Director Since | | Current Position at Elutia | | |||||||||
Maybelle Jordan | | | | 57 | | | 2020 | | Director | | | 58 | | 2020 | | Director | | ||||||
W. Matthew Zuga | | | | 57 | | | 2015 | | Director | | | 58 | | 2015 | | Director | |
Class II Directors | | Age | | Director Since | | Current Position at Aziyo | | | Age | | Director Since | | Current Position at Elutia | | |||||||||
Brigid A. Makes | | | | 67 | | | 2020 | | Director | | | 68 | | 2020 | | Director | | ||||||
C. Randal Mills, Ph.D. | | | | 51 | | | 2015 | | President, Chief Executive Officer, Director | | | 52 | | 2015 | | President, Chief Executive Officer, Director | |
Class III Directors | | | Age | | | Director Since | | | Current Position at Elutia | |
David Colpman | | | 62 | | | 2022 | | | Director | |
Kevin Rakin | | | 63 | | | 2015 | | | Executive Chairman | |
| | Year Ended December 31, | | | Year Ended December 31, | | ||||||||||||||||||||
| | 2022 | | 2021 | | | 2023 | | 2022 | | ||||||||||||||||
Audit Fees | | | $ | 827,000 | | | | $ | 635,000 | | | | | $ | 725,000 | | | | $ | 827,000 | | | ||||
Audit-Related Fees | | | | — | | | | | — | | | | | | — | | | | | — | | | ||||
Tax Fees | | | | — | | | | | — | | | | | | — | | | | | — | | | ||||
All Other Fees | | | | — | | | | | — | | | | | | — | | | | | — | | | ||||
Total | | | $ | 827,000 | | | | $ | 635,000 | | | | | $ | 725,000 | | | | $ | 827,000 | | |
| Shares of Class A common stock outstanding | | | | | 3,465,880(1) | | |
| Shares subject to outstanding stock options – total | | | | | 1,569,869 | | |
| Shares subject to outstanding performance stock options | | | | | 182,511 | | |
| Shares subject to outstanding restricted stock units – total | | | | | 146,622 | | |
| Shares subject to outstanding performance restricted stock units outstanding | | | | | 94,960 | | |
| Weighted average exercise price of stock options outstanding | | | | $ | 9.28 | | |
| Weighted average remaining duration (years) of stock options outstanding | | | | | 8.2 | | |
| Weighted average remaining vesting term (years) for restricted stock units | | | | | 1.4 | | |
| | | Number of Stock Options – Total(1) | | | Number of Performance Stock Options(1) | | | Number of Restricted Stock Unit Awards – Total(1) | | | Number of Performance Restricted Stock Units(1) | | ||||||||||||
Named Executive Officers: | | | | | | | | | | | | | | | | | | | | | | | | | |
C. Randal Mills, Ph.D., President & Chief Executive Officer | | | | | 506,757 | | | | | | 182,511 | | | | | | — | | | | | | — | | |
Ronald Lloyd, Prior President & Chief Executive Officer(2) | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Thomas Englese, Prior Chief Commercial Officer | | | | | 109,485 | | | | | | — | | | | | | 26,340 | | | | | | 8,700 | | |
Matthew Ferguson, Chief Financial Officer | | | | | 143,700 | | | | | | — | | | | | | 13,850 | | | | | | 8.700 | | |
All Current Executive Officers as a Group | | | | | 740,457 | | | | | | 182,511 | | | | | | 13,850 | | | | | | 8.700 | | |
Current Director Nominees: | | | | | | | | | | | | | | | | | | | | | | | | | |
David Colpman (Director) | | | | | 28,513 | | | | | | — | | | | | | — | | | | | | — | | |
Kevin Rakin (Director) | | | | | 85,550 | | | | | | — | | | | | | — | | | | | | — | | |
All Non-Executive Officer Current Directors as a Group | | | | | 251,193 | | | | | | — | | | | | | — | | | | | | — | | |
Each Associate of any of such Directors, Executive Officers or Nominees | | | | | — | | | | | | | | | | | | — | | | | | | — | | |
Each other person who received or is to receive 5% of options, warrants or rights | | | | | — | | | | | | | | | | | | — | | | | | | — | | |
All Non-Executive Officer Employees as a Group | | | | | 931,437 | | | | | | — | | | | | | 366,738 | | | | | | 77,560 | | |
Executive Officer | | Age | | Position | | In Current Position Since | | | Age | | Position | | In Current Position Since | | ||||||
C. Randal Mills, Ph.D. | | 51 | | President, Chief Executive Officer and Director | | 2022 | | | 52 | | President, Chief Executive Officer and Director | | 2022 | | ||||||
Matthew Ferguson | | 55 | | Chief Financial Officer | | 2020 | | | 56 | | Chief Financial Officer | | 2020 | | ||||||
Michelle LeRoux Williams, Ph.D. | | 49 | | Chief Scientific Officer | | 2022 | | | 50 | | Chief Scientific Officer | | 2022 | |
| • Board size, independence and qualifications • Executive sessions of independent directors • Board leadership structure • Selection of new directors • Director orientation and continuing education • Limits on board service • Change of principal occupation • Term limits • Director responsibilities • Director compensation | | | • Stock ownership • Board access to senior management • Board access to independent advisors • Board self-evaluations • Board meetings • Meeting attendance by directors and non-directors • Meeting materials • Board committees, responsibilities and independence • Succession planning • Risk management | |
Director | | | Audit Committee | | | Compensation Committee | | | Nominating and Corporate Governance Committee | |
David Colpman | | | X | | | X | | | — | |
Maybelle Jordan | | | X | | | — | | | Chair | |
Brigid A. Makes | | | Chair | | | Chair | | | X | |
Kevin Rakin. | | | — | | | | | — | | |
W. Matthew Zuga. | | | — | | | — | | | |
| Total Number of Directors | | | 6 | | Total Number of Directors | | | 6 | | ||||||||||||||||||||||||||||||||||||||||||
| | | Female | | Male | | Non-Binary | | Did not Disclose Gender | | | | Female | | Male | | Non-Binary | | Did not Disclose Gender | | ||||||||||||||||||||||||||||||||
| Directors | | | | 2 | | | | | 4 | | | | | — | | | | | — | | | Directors | | | | 2 | | | | | 4 | | | | | — | | | | | — | | | ||||||||
| Demographic Background | | | | | | | | | | | | | | | | | | | | | | Demographic Background | | | | | | | | | | | | | | | | | | | | | | ||||||||
| African American or Black | | | | — | | | | | — | | | | | — | | | | | — | | | African American or Black | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||
| Alaskan Native or Native American | | | | — | | | | | — | | | | | — | | | | | — | | | Alaskan Native or Native American | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||
| Asian | | | | 1 | | | | | — | | | | | — | | | | | — | | | Asian | | | | 1 | | | | | — | | | | | — | | | | | — | | | ||||||||
| Hispanic or Latinx | | | | — | | | | | — | | | | | — | | | | | — | | | Hispanic or Latinx | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||
| Native Hawaiian or Pacific Islander | | | | — | | | | | — | | | | | — | | | | | — | | | Native Hawaiian or Pacific Islander | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||
| White | | | | — | | | | | 5 | | | | | — | | | | | — | | | White | | | | — | | | | | 5 | | | | | — | | | | | — | | | ||||||||
| Two or More Races or Ethnicities | | | | — | | | | | — | | | | | — | | | | | — | | | Two or More Races or Ethnicities | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||
| LGBTQ+ | | — | | LGBTQ+ | | 1 | | ||||||||||||||||||||||||||||||||||||||||||||
| Did Not Disclose Demographic Background | | — | | Did Not Disclose Demographic Background | | — | |
Name and Principal Position | | Year | | Salary ($) | | Bonus ($) | | Stock Awards ($)(1) | | Option Awards ($)(2) | | Non-Equity Incentive Plan Compensation ($)(3) | | All Other Compensation ($) | | Total ($) | | | Year | | Salary ($) | | Bonus ($) | | Stock Awards ($)(1) | | Option Awards ($)(2) | | Non-Equity Incentive Plan Compensation ($) | | All Other Compensation ($)(3) | | Total ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
C. Randal Mills, Ph.D. President and Chief Executive Officer | | | | 2022 | | | | | 351,481(4) | | | | | 210,889(5) | | | | | — | | | | | 1,492,714(6) | | | | | — | | | | | 4,597(7) | | | | | 2,059,681 | | | | | | | 2023 | | | | | 600,000 | | | | | 149,111(5) | | | | | 1,085,464 | | | | | — | | | | | 210,889 | | | | | 5,423(7) | | | | | 2,050,887 | | | |||||||||||||||
Ronald Lloyd Prior President and Chief Executive Officer | | | | | 2022 | | | | | 411,418 | | | | | — | | | | | 394,625 | | | | | 420,574 | | | | | — | | | | | 1,064,173(8) | | | | | 2,290,790 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 538,049 | | | | | — | | | | | 236,665 | | | | | 827,018 | | | | | — | | | | | 7,925 | | | | | 1,609,657 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thomas Englese Prior Chief Commercial Officer | | | | | 2022 | | | | | 396,003 | | | | | — | | | | | 122,378 | | | | | 93,953 | | | | | — | | | | | 13,546(9) | | | | | 625,880 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 388,187 | | | | | — | | | | | 54,488 | | | | | 190,411 | | | | | — | | | | | 7,922 | | | | | 641,008 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
C. Randal Mills, Ph.D. President and Chief Executive Officer | | | | | 2022 | | | | | 351,481(4) | | | | | 210,889(5) | | | | | — | | | | | 1,492,714(6) | | | | | — | | | | | 4,597(8) | | | | | 2,059,681 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2022 | | | | | 357,000 | | | | | — | | | | | 114,676 | | | | | 93,953 | | | | | — | | | | | 3,655(10) | | | | | 569,284 | | | | | | 2023 | | | | | 357,000 | | | | | — | | | | | — | | | | | — | | | | | 160,650 | | | | | 3,427(9) | | | | | 521,077 | | | ||||||||||||||||
Matthew Ferguson Chief Financial Officer | | | | 2021 | | | | | 350,162 | | | | | — | | | | | 74,830 | | | | | 261,498 | | | | | — | | | | | 6,483 | | | | | 692,973 | | | | | | | 2022 | | | | | 357,000 | | | | | — | | | | | 114,676 | | | | | 93,953 | | | | | — | | | | | 3,655(10) | | | | | 569,284 | | | |||||||||||||||
| | | 2023 | | | | | 330,000 | | | | | — | | | | | — | | | | | — | | | | | 148,500 | | | | | 7,470(11) | | | | | 485,970 | | |
| | | | | | | Option Awards(15) | | Stock Awards(15) | | | | | | | | Option Awards(13) | | Stock Awards(13) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name | | Grant Date | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | Equity incentive plan awards: number of securities underlying unexercised unearned options (#) | | Option Exercise Price ($) | | Option Expiration Date | | Number of Shares or Units of Stock that have not vested (#) | | Market Value of Shares or Units of Stock that have not vested ($)(14) | | Equity incentive plan awards: market or payout value of unearned shares, units or other rights that have not vested (#) | | Equity incentive plan awards: market or payout value of unearned shares, units or other rights that have not vested ($)(14) | | | Grant Date | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | Equity incentive plan awards: number of securities underlying unexercised unearned options (#) | | Option Exercise Price ($) | | 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 ($)(12) | | Equity incentive plan awards: market or payout value of unearned shares, units or other rights that have not vested (#) | | Equity incentive plan awards: market or payout value of unearned shares, units or other rights that have not vested ($)(12) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
C. Randal Mills, Ph.D. | | | | | 12/9/2020(1) | | | | | 9,538 | | | | | 4,769 | | | | | — | | | | $ | 17.00 | | | | | 12/9/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | | 12/9/2020(1) | | | | | 14,307 | | | | | — | | | | | — | | | | | 17.00 | | | | | 12/9/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||
| | | 6/7/2021(2) | | | | | 14,082 | | | | | — | | | | | — | | | | $ | 10.41 | | | | | 6/7/2031 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 6/7/2021(2) | | | | | 14,082 | | | | | — | | | | | — | | | | | 10.41 | | | | | 6/7/2031 | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||
| | | 6/7/2022(3) | | | | | — | | | | | 22,090 | | | | | — | | | | $ | 6.28 | | | | | 6/7/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 6/7/2022(3) | | | | | 22,090 | | | | | — | | | | | — | | | | | 6.28 | | | | | 6/7/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||
| | | 6/21/2022(4) | | | | | 91,256 | | | | | — | | | | | — | | | | $ | 6.39 | | | | | 6/21/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 6/21/2022(4) | | | | | 91,256 | | | | | — | | | | | — | | | | | 6.39 | | | | | 6/21/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||
| | | 6/21/2022(5) | | | | | — | | | | | 182,511 | | | | | — | | | | $ | 6.39 | | | | | 6/21/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 6/21/2022(5) | | | | | 68,442 | | | | | 114,069 | | | | | — | | | | | 6.39 | | | | | 6/21/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||
| | | 6/21/2022(6) | | | | | — | | | | | — | | | | | 182,511 | | | | $ | 6.39 | | | | | 6/21/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 6/21/2022(6) | | | | | — | | | | | — | | | | | 182,511 | | | | | 6.39 | | | | | 6/21/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||
Ronald Lloyd | | | | | 7/27/2018(7) | | | | | 141,849 | | | | | — | | | | | — | | | | | 5.58196 | | | | | 3/31/2023(13) | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 6/4/2019(8) | | | | | 2,579 | | | | | — | | | | | — | | | | | 10.326626 | | | | | 3/31/2023(13) | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 10/8/2020(9) | | | | | 45,446 | | | | | — | | | | | — | | | | | 17.00 | | | | | 3/312023(13) | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 3/8/2021(5) | | | | | 36,647 | | | | | — | | | | | — | | | | | 14.53 | | | | | 3/31/2023(13) | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thomas Englese | | | | | 9/5/2019(5) | | | | | 17,467 | | | | | 4,030 | | | | | — | | | | | 10.326626 | | | | | 9/4/2026 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 10/8/2020(9) | | | | | 16,744 | | | | | 16,744 | | | | | — | | | | | 17.00 | | | | | 10/8/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 10/8/2020(10) | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 13,890 | | | | | 59,033 | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 3/8/2021(5) | | | | | 9,844 | | | | | 12,656 | | | | | — | | | | | 14.53 | | | | | 3/8/2031 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 3/8/2021(11) | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 2,812 | | | | | 11,951 | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 3/8/2022(5) | | | | | — | | | | | 31,000 | | | | | — | | | | | 5.08 | | | | | 3/8/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 3/8/2022(12) | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 8,700 | | | | | 36,975 | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
C. Randal Mills, Ph.D. | | | | | 4/27/2023(7) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 67,419 | | | | | 145,625 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 4/27/2023(8) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 89,894 | | | | | 194,171 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 10/8/2020(9) | | | | | 40,900 | | | | | 40,900 | | | | | — | | | | | 17.00 | | | | | 10/8/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 10/8/2020(9) | | | | | 61,350 | | | | | 20,450 | | | | | — | | | | | 17.00 | | | | | 10/8/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||
| | | 3/8/2021(5) | | | | | 13,519 | | | | | 17,381 | | | | | — | | | | | 14.53 | | | | | 3/8/2031 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 3/8/2021(5) | | | | | 21,244 | | | | | 9,656 | | | | | — | | | | | 14.53 | | | | | 3/8/2031 | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||
| | | 3/8/2021(11) | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 3,862 | | | | | 16,414 | | | | | — | | | | | — | | | | | | 3/8/2021(10) | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 2,575 | | | | | 5.562 | | | | | — | | | | | — | | | |||||||||||||||||||||
| | | 3/8/2022(5) | | | | | — | | | | | 31,000 | | | | | — | | | | | 5.08 | | | | | 3/8/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 3/8/2022(5) | | | | | 13,563 | | | | | 17,437 | | | | | — | | | | | 5.08 | | | | | 3/8/2032 | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||
| | | 3/8/2022(12) | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 8,700 | | | | | 36,975 | | | | | — | | | | | — | | | | | | 3/8/2022(11) | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 8,700 | | | | | 18,792 | | | | | — | | | | | — | | | |||||||||||||||||||||
| | | 10/20/2022(5) | | | | | 22,500 | | | | | 67,500 | | | | | — | | | | | 7.16 | | | | | 10/19/2032 | | | | | | | | | | | | | | | | | | | | | | |
Name | | Fees Earned or Paid in Cash ($) | | Option Awards ($)(2) | | Total ($) | | | Fees Earned or Paid in Cash ($) | | Option Awards ($)(1) | | Total ($) | | ||||||||||||||||||||||||
Kevin Rakin | | | | 142,100 | | | | | 121,500 | | | | | 263,600 | | | | | | 200,000 | | | | | 54,610 | | | | | 254,610 | | | ||||||
David Colpman | | | | 15,313 | | | | | 126,000 | | | | | 141,313 | | | | | | 57,500 | | | | | 36,407 | | | | | 93,907 | | | ||||||
Maybelle Jordan | | | | 62,188 | | | | | 81,000 | | | | | 143,188 | | | | | | 60,000 | | | | | 36,407 | | | | | 96,407 | | | ||||||
Brigid A. Makes | | | | 74,063 | | | | | 81,000 | | | | | 155,063 | | | | | | 80,000 | | | | | 36,407 | | | | | 116,407 | | | ||||||
W. Matthew Zuga | | | | 45,000 | | | | | 81,000 | | | | | 126,000 | | | | | | 44,583 | | | | | 36,407 | | | | | 80,990 | | |
Name | | | Options Outstanding at Fiscal Year End | | |||
Kevin Rakin | | | | | | | |
David Colpman | | | | | | | |
Maybelle Jordan | | | | | | | |
Brigid A. Makes | | | | | | | |
W. Matthew Zuga | | | | | | |
Name of Beneficial Owner | | | Number of Shares of Class A Common Stock Beneficially Owned(1) | | | Percentage of Class A Common Stock Beneficially Owned | | | Percentage of Class A and Class B Common Stock Beneficially Owned | | |||||||||
Holders of More than 5%: | | | | | | | | | | | | | | | | | | | |
HighCape Partners and affiliates(2) | | | | | 5,597,604 | | | | | | 47.1% | | | | | | 34.6% | | |
Birchview Fund LLC and affiliates.(3) | | | | | 1,655,184 | | | | | | 13.9% | | | | | | 10.2% | | |
Named executive officers and directors: | | | | | | | | | | | | | | | | | | | |
Ronald Lloyd(4) | | | | | 31,775 | | | | | | * | | | | | | * | | |
Thomas Englese(5) | | | | | 77,158 | | | | | | * | | | | | | * | | |
Matthew Ferguson(6) | | | | | 117,534 | | | | | | * | | | | | | * | | |
David Colpman(7) | | | | | 3,098 | | | | | | * | | | | | | * | | |
Kevin Rakin(2)(8) | | | | | 4,966,156 | | | | | | 41.7% | | | | | | 30.7% | | |
Maybelle Jordan(9) | | | | | 45,710 | | | | | | * | | | | | | * | | |
Brigid A. Makes(10) | | | | | 47,710 | | | | | | * | | | | | | * | | |
C. Randal Mills, Ph.D.(11) | | | | | 184,974 | | | | | | 1.5% | | | | | | 1.1% | | |
W. Matthew Zuga(2)(12) | | | | | 5,633,776 | | | | | | 47.3% | | | | | | 34.8% | | |
All executive officers and directors as a group (8 persons)(13) | | | | | 6,159,781 | | | | | | 50.1% | | | | | | 37.1% | | |
Name of Beneficial Owner | | | Number of Shares of Class A Common Stock Beneficially Owned(1) | | | Percentage of Class A Common Stock Beneficially Owned | | | Percentage of Class A and Class B Common Stock Beneficially Owned | | |||||||||
Holders of More than 5%: | | | | | | | | | | | | | | | | | | | |
HighCape Partners and affiliates(2) | | | | | 9,100,232 | | | | | | 41.1% | | | | | | 34.4% | | |
Nantahala Capital Management, LLC and affiliates (3) | | | | | 1,912,776 | | | | | | 9.5% | | | | | | 7.9% | | |
AIGH Capital Management, LLC and affiliates(4) | | | | | 1,886,556 | | | | | | 9.4% | | | | | | 7.7% | | |
Birchview Fund LLC and affiliates(5) | | | | | 1,655,184 | | | | | | 8.3% | | | | | | 6.8% | | |
Named executive officers and directors: | | | | | | | | | | | | | | | | | | | |
C. Randal Mills, Ph.D.(6) | | | | | 379,608 | | | | | | 1.9% | | | | | | 1.5% | | |
Matthew Ferguson(7) | | | | | 266,840 | | | | | | 1.3% | | | | | | 1.1% | | |
Michelle Williams, Ph.D.(8) | | | | | 75,417 | | | | | | * | | | | | | * | | |
Kevin Rakin(2)(9) | | | | | 9,282,244 | | | | | | 41.8% | | | | | | 38.1% | | |
David Colpman(10) | | | | | 37,603 | | | | | | * | | | | | | * | | |
Maybelle Jordan(11) | | | | | 75,479 | | | | | | * | | | | | | * | | |
Brigid A. Makes(12) | | | | | 77,479 | | | | | | * | | | | | | * | | |
W. Matthew Zuga(2)(13) | | | | | 9,161,404 | | | | | | 41.3% | | | | | | 37.6% | | |
All executive officers and directors as a group (8 persons)(14) | | | | | 10,255,842 | | | | | | 49.1% | | | | | | 40.8% | | |
Participants | | | Shares of Class A Common Stock Purchased | | | Shares of Class B Common Stock Purchased | | | Total Purchase Price | | |||||||||
Holders of More Than 5% of Our Voting Securities | | | | | | | | | | | | | | | | | | | |
Birchview Fund LLC | | | | | 1,084,905 | | | | | | — | | | | | $ | 4,599,997 | | |
HighCape Partners and its affiliates | | | | | 353,773 | | | | | | — | | | | | $ | 1,829,143 | | |
The Kevin L. Rakin Irrevocable Trust | | | | | 58,962 | | | | | | | | | | | $ | 249,999 | | |
Participants | | | Shares of Class A Common Stock Purchased | | | Prefunded Warrant Purchased | | | Common Warrant Purchased | | | Total Purchase Price | | ||||||||||||
Holders of More Than 5% of Our Voting Securities | | | | | | | | | | | | | | | | | | | | | | | | | |
HighCape Partners and affiliates | | | | | 1,401,051 | | | | | | — | | | | | | 2,101,577 | | | | | $ | 2,000,000 | | |
Nantahala Capital Management, LLC and affiliates | | | | | 1,650,000 | | | | | | 241,588 | | | | | | 2,837,382 | | | | | $ | 2,700,000 | | |
AIGH Capital Management, LLC and affiliates | | | | | 1,700,000 | | | | | | 261,470 | | | | | | 2,942,205 | | | | | $ | 2,799,737 | | |