Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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:
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