Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On January 16, 2020, the board of directors of Ekso Bionics Holdings, Inc. (the
"Company") approved grants of equity awards to Steven Sherman, a named executive
officer of the Company, in respect of his continued service as the Company's
Executive Chairman. These awards were made pursuant to the Company's Amended and
Restated 2014 Stock Incentive Plan, and consisted of options to purchase 250,000
shares of the Company's common stock and 200,000 restricted stock units. The
option award becomes exercisable as to 31,250 shares on each of March 31, 2020
and the last day of each third month thereafter. The restricted stock units vest
as to 25,000 shares on each of March 31, 2020 and the last day of each third
month thereafter, and will settle upon Mr. Sherman's separation of service from
the Company.
All compensation for the Company's names executive officers for the fiscal year
ended December 31, 2019 will be reported by the Company in the Summary
Compensation Table in the Company's Annual Report on Form 10-K for the year
ending December 31, 2019 or its proxy statement relating to the Company's next
annual meeting of stockholders, to be filed with the Securities and Exchange
Commission no later than 120 days after December 31, 2019, or in an earlier
report or proxy statement filed with the Securities and Exchange Commission.
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