UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
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 February 24, 2021, Oncternal Therapeutics, Inc. (the “Company”) and Frank J. Hsu, M.D. agreed to enter into a transition agreement pursuant to which Dr. Hsu’s employment as the Company’s Chief Medical Officer will continue through March 15, 2021. Pursuant to the transition agreement, Dr. Hsu will be eligible to receive the severance benefits provided under his employment agreement with the Company, subject to his execution of the transition agreement and a general release of claims in favor of the Company and his compliance with the other terms of the transition agreement. The Company thanks Dr. Hsu for his contributions to the Company.
The foregoing description of the transition agreement with Dr. Hsu does not purport to be complete and is qualified in its entirety by reference to the actual transition agreement, which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q to be filed with respect to the quarter ending March 31, 2021.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Oncternal Therapeutics, Inc. | ||||||
Date: March 1, 2021 |
By: | /s/ James B. Breitmeyer | ||||
Name: | James B. Breitmeyer, M.D., Ph.D. | |||||
Title: | President and Chief Executive Officer |
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