Precipio grants senior management performance-based awards instead of traditional time-vested ESOPs
Precipio, Inc. (PRPO)
US:NASDAQ Investor Relations:
precipiodx.com/investors.html
Company Research
Source: GlobeNewswire
NEW HAVEN, Conn., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), announced that options granted to senior management on January 14 would vest when the 10-day VWAP of the Company’s common stock exceeds $30.30 per share – a level 5x greater than the option exercise price, the closing price from Tuesday, January 14. These options have no time-based vesting; if the performance above is not met, the options will not vest. The Compensation Committee approved this form of vesting to incentivize the Company’s senior management team to maximize the Company’s performance and subsequent share price. The Compensation Committee provided the senior management tea
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PRPO
News
- Precipio Announces Q4 and year-end 2024 Shareholder Update CallGlobeNewswire
- Precipio reports Q4 results [Seeking Alpha]Seeking Alpha
- Precipio Achieves Key Q4-2024 Financial Goals: Positive Adjusted EBITDA and Positive Cash Flow (unaudited) [Yahoo! Finance]Yahoo! Finance
- Precipio Achieves Key Q4-2024 Financial Goals: Positive Adjusted EBITDA and Positive Cash Flow (unaudited)GlobeNewswire
PRPO
Sec Filings
- 3/27/25 - Form 10-K
- 3/17/25 - Form 8-K
- 1/21/25 - Form 8-K
- PRPO's page on the SEC website