Item 2.02 Results of Operations and Financial Condition.
On May 7, 2020, OpGen, Inc. (the "Company") issued a press release announcing
its first quarter financial results for the quarter ended March 31, 2020. The
full text of such press release is furnished as Exhibit 99.1 to this report.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 6, 2020, the Board of Directors of the Company (the "Board") adopted
revisions to the cash portion of its non-employee director compensation plan (as
amended, the "Plan") for providing cash compensation to its non-employee
directors for their service on the Board and its committees. The principal
changes are to provide an annual retainer for the Chair of the Board in an
amount of $75,000 and to provide certain adjustments to the retainers for
committee chairs and committee members. The equity compensation portion of the
Plan remains unchanged. The following table presents the revised annual cash
retainers payable to non-employee directors under the Plan:
Non-employee director (other than chair): $ 25,000
Board Chair: $ 75,000
Audit Committee member: $ 7,000
Audit Committee Chair: $ 15,000
Compensation Committee member: $ 6,000
Compensation Committee Chair: $ 12,000
All other committee membership: $ 3,500
All other committee Chair: $ 7,500
Item 9.01 Financial Statements and Exhibits.
99.1 Press Release, dated May 7, 2020
The information included herein and in Exhibit 99.1 shall not be deemed "filed"
for purposes of Section 18 of the Securities Exchange Act of 1934 ("Exchange
Act") or otherwise subject to the liabilities of that section, nor shall it be
deemed incorporated by reference in any filing under the Securities Act of 1933
or the Exchange Act, except as expressly set forth by specific reference in such
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