19 unchanged sentences
future for our operations.
−Removed: We have never paid any cash dividends on our stock and do not anticipate paying any cash dividends in the foreseeable
−Removed: Any future determination to pay cash dividends will be at the discretion of our Board of Directors and will depend on our financial
−Removed: condition, operating results, capital requirements and such other factors as our Board of Directors deems relevant.
+Added: We have never paid any cash dividends on our stock and do not anticipate paying any cash dividends in the
+Added: foreseeable future.
+Added: Any future determination to pay cash dividends will be at the discretion of our Board of Directors and will depend
+Added: on our financial condition, operating results, capital requirements and such other factors as our Board of Directors deems relevant.
Securities Authorized for Issuance under Equity
Compensation Plans
−Removed: Relmada has a 2014 Option and Equity Incentive Plan,
−Removed: as amended (the Plan) in which its directors, officers, employees and consultants shall be eligible to participate.
−Removed: The Plan allows for
−Removed: the granting of common stock awards, stock appreciation rights, and incentive and nonqualified stock options to purchase shares of the
−Removed: On May 20, 2021, at the annual shareholders meeting, our shareholders approved our 2021 Equity Incentive Plan (the 2021 Plan)
−Removed: which allows for the granting of incentive and nonqualified stock options, stock appreciation rights, restricted stock awards, performance
−Removed: share awards and other equity-based awards for up to 1,500,000 shares of our common stock to directors, officers, employees and consultants.
−Removed: At the annual shareholders meeting (currently anticipated for mid-May, 2022), our shareholders will vote on a management proposal to increase
−Removed: the shares authorized for awards under the 2021 Plan by 3,900,000 shares but there can be no assurance such amendment will be approved.
−Removed: With these grants and approvals, as of December 31, 2021, the Company had 222,320 awards available to be issued.
+Added: Relmada has a 2014 Option and Equity
+Added: Incentive Plan, as amended (the Plan) in which its directors, officers, employees and consultants shall be eligible to participate.
+Added: The Plan allows for the granting of common stock awards, stock appreciation rights, and incentive and nonqualified stock options to
+Added: purchase shares of the Company.
+Added: On May 20, 2021, at the annual shareholders meeting, our shareholders approved our 2021 Equity
+Added: Incentive Plan (the 2021 Plan) which allows for the granting of incentive and nonqualified stock options, stock appreciation rights,
+Added: restricted stock awards, performance share awards and other equity-based awards for up to 1,500,000 options or stock awards.
+Added: annual shareholders meeting on May 25, 2022, our shareholders approved an amendment to the 2021 Plan to increase the shares of the
+Added: Company’s common stock available for issuance thereunder by 3,900,000 shares.
+Added: At the annual shareholders meeting (currently
+Added: anticipated for May 25, 2023), our shareholders will vote on a management proposal to increase the shares authorized for awards under
+Added: the 2021 Plan by 2,500,000 shares but there can be no assurance such amendment will be approved.
+Added: With these grants and approvals, as
+Added: of December 31, 2022, the Company had 930,336 awards available to be issued.
The following table summarizes our equity compensation
2 unchanged sentences
Plan Category
−Removed: Number of securities to be issued upon exercise of outstanding options and stock appreciation rights
−Removed: Weighted- average exercise price of outstanding options and stock appreciation rights
−Removed: Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))
+Added: securities to be
+Added: options and stock
+Added: exercise price
+Added: of outstanding
+Added: available for
+Added: future issuance
+Added: plans (excluding
Equity compensation plans approved by security holders
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.