UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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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.
Effective as of November 30, 2023 (the “Grant Date”), the board of directors (the “Board”) of BioSig Technologies, Inc. (the “Company”) granted awards of restricted stock pursuant to the Company’s 2023 Long-Term Incentive Plan (the “Plan”) to certain named executive officers of the Company in connection with a temporary reduction of 30% of their salaries.
The Board granted to (i) Kenneth L. Londoner, Chief Executive Officer of the Company, 219,700 restricted shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), and (ii) John R. Sieckhaus, Chief Operating Officer of the Company, 92,300 restricted shares of Common Stock (collectively, the “RSAs”), subject to the terms and conditions of the Company’s Plan and the Company’s standard Restricted Stock Award Agreement. The RSAs fully vested on the Grant Date.
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.
BIOSIG TECHNOLOGIES, INC. | ||
Date: December 5, 2023 | By: | /s/ Kenneth L. Londoner |
Name: | Kenneth L. Londoner | |
Title: | Executive Chairman |