Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements with Certain Officers.
On
The Board has reserved 1,000,000 shares of the Company's common stock for issuance pursuant to equity awards granted under the 2021 Inducement Plan, and the 2021 Inducement Plan will be administered by the Compensation Committee of the Board. In accordance with Rule 5635(c)(4) of the Nasdaq Listing Rules, equity awards under the 2021 Inducement Plan may only be made to an employee who has not previously been an employee or member of the Board (or any parent or subsidiary of the Company), or following a bona fide period of non-employment by the Company (or a parent or subsidiary of the Company), if he or she is granted such equity awards in connection with his or her commencement of employment with the Company or a subsidiary and such grant is an inducement material to his or her entering into employment with the Company or such subsidiary.
A complete copy of the 2021 Inducement Plan, the Form of Stock Option
Item 9.01.Financial Statements and Exhibits.
(d)Exhibits. Exhibit Number Description 10.1Iovance Biotherapeutics, Inc. 2021 Inducement Plan. 10.2 Form of Stock OptionGrant Notice and Stock Option Agreement under the 2021 Inducement Plan. 10.3 Form of Restricted Stock UnitGrant Notice and Restricted Stock Unit Agreement under the 2021 Inducement Plan. 104 Cover Page Interactive Data File - the cover page interactive date file does not appear in the Interactive Date File because its XBRL tags are embedded within the Inline XBRL document.
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