Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On
Target % of Base Executive Officer Title Bonus Salary Matthew Pauls Chief Executive Officer$ 280,000 50 % Badrul Chowdhury Chief Medical Officer$ 216,300 40 % Dave Lowrance Chief Financial Officer$ 158,000 40 %
Actual bonus amounts paid to the executive officers may be more or less than the
target bonus amounts. The total bonus payment amounts will be based on the
achievement of certain performance goals, and the Board has the discretion to
award bonus amounts that differ for attainment of performance goals that fall
above or below such goals. For
Item 7.01. Regulation FD Disclosure.
Savara has updated its corporate presentation, which is available on the
Investor Relations page of Savara's website at
https://savarapharma.com/investors. A copy of the presentation is furnished as
Exhibit 99.1 to this Current Report on Form 8-K. Savara undertakes no duty or
obligation to update or revise the information contained in this presentation,
although it may do so from time to time. Any such updates may be made through
the Investor Relations page of the Savara website, the filing of other reports
or documents with the
Savara may announce material information about its finances, product candidates,
clinical trials and other matters to its investors using the Investor Relations
page of the Savara website (referenced above),
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The information in Item 7.01 in this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall it be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 99.1 Savara Corporate Presentation 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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