Wednesday, January 27, 2016 9:55:03 PM
What is unclear about this? Is this hard?
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 19, 2015, the Company terminated Mr. Herb Cross from his position as Interim President, Chief Executive Officer and Chief Financial Officer of the Company, effective immediately, and Martin Shkreli was appointed as Chief Executive Officer of the Company and elected as Chairman of the Board.
https://www.sec.gov/Archives/edgar/data/1293310/000110465915080846/a15-23985_18k.htm
He was granted options on November 9th, BEFORE Marty took control of the company. That options grant was forfeited when he was terminated, unless he had an employment agreement with accelerated vesting upon termination without cause. Either way, he was G-O-N-E in November and the grant will not vest in 2016 - he either forfeited upon termination or immediately fully vested on termination if that acceleration clause was in his employment contract.
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