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 March 29, 2023, the Compensation Committee (the “Committee”) of the Board of Directors of Corvus Pharmaceuticals, Inc.’ (the “Company”) approved a reduction in the base salary of Dr. Richard Miller, the Company’s President and Chief Executive Officer, from $300,000 per year to $34,840, effective as of March 31, 2023. In connection with the reduction in Dr. Miller’s base salary, the Committee also approved the grant of an option to Dr. Miller to purchase 800,000 shares of Corvus’ common stock, with such option being granted on March 31, 2023 and vesting monthly over 36 months.
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.
CORVUS PHARMACEUTICALS, INC. | |
Date: April 3, 2023 |
By: /s/ Leiv Lea Leiv Lea Chief Financial Officer |