Humanigen Inc (HGENQ)

[OneDay4488]

Dales is getting compensated with free shares? He sold millions of shares at $17 plus. FREE shares should be going to us shareholders!!! On September 30, 2021, the compensation committee of the board of directors of Humanigen, Inc. (the “Company”) offered the Company’s executive officers and employees the opportunity receive all or a portion of their base salaries for the fourth quarter of 2021 in the form of stock options, in an effort to conserve cash and to provide additional incentives for achievement of the Company’s near term objectives. The following executive officers elected to receive such stock options in lieu of such cash compensation for the fourth quarter of 2021:
Name and Principal Position
Dr. Cameron Durrant
Chairman and Chief Executive Officer
Dr. Dale Chappell
Chief Scientific Officer
Dr. Adrian Kilcoyne
Chief Medical Officer
Edward Jordon
Chief Commercial Officer
Number of Shares Underlying Grant (#)(1)
17,660 22,626 5,863 4,966
4th Quarter Base Salary Paid in Stock Options (percentage of quarterly amount)
$79,959 (50%) $102,433 (100%) $26,646 (25%) $22485 (25%)
(1) All options granted have an exercise price equal to $5.93, the closing price of Humanigen’s common stock on the September 30, 2021 grant date, and vest in three ratable installments on each of October 31, 2021, November 30, 2021 and December 31, 2021.