Odyssey Marine Exploration Inc 8-K, filed Mar 11, 2022
Odyssey Marine Exploration Inc (OMEX)
About this 8-K
Odyssey Marine Exploration Inc filed this 8-K on March 11, 2022, reporting on events of March 7, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 26, 2019, the Board of Directors (the “Board”) of Odyssey Marine Exploration, Inc. (“Odyssey”) adopted and approved the 2019 Stock Incentive Plan (the “2019 Plan”), which was approved by our stockholders on June 3, 2019. The 2019 Plan permits the grant of options, restricted stock units, restricted stock awards, and stock appreciation rights (collectively, “awards”) to attract and retain employees, officers, consultants, and directors and to align their interests with those of our stockholders. As adopted and approved, the 2019 Plan authorizes 800,000 shares for issuance pursuant to awards.
On March 7, 2022, the Board, upon the recommendation of the Compensation Committee, adopted resolutions to increase, from 800,000 to 2,400,000, the number of shares authorized for issuance pursuant to awards, subject to the approval of the Odyssey’s stockholders at the next Annual Meeting of Stockholders.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ODYSSEY MARINE EXPLORATION, INC. | ||||||
| Dated: March 11, 2022 | By: | /s/ Laura L. Barton | ||||
| Laura L. Barton | ||||||
| Chief Business Officer | ||||||