Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangement of Certain
Officers.
(c) The Board of Directors (the "Board") of
In connection with
1. an increase in
to
2. the grant of an option to purchase 260,000 shares of the Company's Common
Stock at an exercise price equal to the closing price of the Company's Common Stock onMarch 2, 2020 , which shall vest as to 1/4 of the shares onMarch 1, 2021 and as to the remainder of the shares in 36 equal monthly installments thereafter; and
3. the grant of 130,000 restricted stock units, which shall vest in three
equal annual installments, commencing on
A copy of the Company's press release, entitled "Cerus Corporation Announces Strategic Organizational Changes" is furnished as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
The following exhibit is furnished with this report: 99.1 Press release, datedMarch 2, 2020 , entitled "Cerus Corporation Announces Strategic Organizational Changes." 104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) 2
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