Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 6, 2023, the board of directors (the "Board") of Quanterix
Corporation (the "Company") appointed Brian J. Blaser to serve on the Board
effective immediately. Mr. Blaser will serve as a Class III director with a term
that will expire at the Company's 2023 annual meeting of stockholders.
There is no arrangement or understanding between Mr. Blaser and any other person
pursuant to which he was selected as a director of the Company, and there is no
family relationship between Mr. Blaser and any of the Company's other directors
or executive officers. Mr. Blaser does not have a material interest in any
transaction that is required to be disclosed under Item 404(a) of Regulation
S-K.
In accordance with the Company's amended and restated non-employee director
compensation policy (the "Policy"), Mr. Blaser received an equity award valued
at $400,000 comprised of (i) 60% non-qualified stock options to purchase the
Company's common stock at an exercise price equal to the closing price of the
common stock on January 6, 2023 and (ii) 40% RSUs. The options vest over
three years from the date of grant, with one-third vesting on the first
anniversary and the remainder vesting over the following two years in 24
successive equal monthly installments. The RSUs vest over a three-year period,
with one-third vesting on each of the first, second, and third anniversaries of
the grant date. Mr. Blaser will also receive annual compensation and annual
equity awards as further provided in the Policy. A description of the Policy is
available in the Company's proxy statement filed with the Securities and
Exchange Commission on April 29, 2022 (File No. 001-38319) under the heading
"Executive Officer and Director Compensation - Director Compensation -
Non-Employee Director Compensation Policy."
A copy of the press release dated January 9, 2023 announcing the appointment of
Mr. Blaser is filed as Exhibit 99.1 hereto and is incorporated by reference
herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
99.1 Press Release dated January 9, 2023.
104 Cover Page Interactive Data File (embedded within the inline XBRL document)
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