美國
證券和交易委員會
華盛頓特區20549
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目前的報告
根據1934年證券交易所法案第13或15(d)條的規定
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請勾選以下選項,表明您是依據《證券法》第1933號法案規定的 新興成長型企業(本章第§230.405條)或依據《證券交易法》第1934號法案規定的規則120億.2(本章第§240.12億.2條)。
新興成長公司
如果是新興成長型企業,請勾選複選標記,表明註冊者已選擇不使用延長過渡期來符合根據證券交易法第13(a)條規定提供的任何新財務會計準則。
項目2.02運營和財務狀況結果
在2024年11月7日,Sight Sciences,Inc.(以下簡稱「公司」)發佈新聞稿,宣佈截至2024年9月30日的季度財務業績,並更新其2024年全年調整後的營業費用指引。新聞稿的副本作爲第8-k表格的本報告的附件99.1呈交。*
項目5.02 董事或某些高級職員的離任;董事會成員的選舉;某些高管的任命;某些高管的薪酬安排
首席運營官的退休
2024年11月1日,公司首席運營官山姆·帕克通知公司董事會("董事會")決定於2024年11月15日生效退休。公司已與帕克先生簽訂了一份過渡服務協議,自其退休日期起至2024年12月31日生效,除非公司和帕克先生另行延期,根據該協議,帕克先生將協助過渡其角色和責任。考慮到他對公司之前的服務,公司爲帕克先生提供了養老福利,包括:(i)一年的基本工資;(ii)基於實現公司2024年企業目標的按比例分配的獎金,截至2024年1月1日至其退休日期的期間,與公司員工普遍支付2024年現金獎金的時間一致支付;和(iii)高達一年的COBRA福利。此外,帕克先生的未完成股權獎勵將根據其條款繼續按計劃歸屬,直至過渡服務協議終止日期。
任命首席運營官
截至2024年11月4日生效,董事會任命Brenton Taylor爲公司執行副總裁,並指定他接替Park先生擔任公司首席運營官。
在加入公司之前,泰勒先生曾於2022年1月到2024年11月在NEXt Energy Technologies工作,這是一家光伏太陽能公司,他在職務上逐步晉升,擔任工程部執行副總裁從2022年1月到2023年1月,擔任首席運營官從2023年1月到2023年7月,擔任首席執行官從2023年7月到2024年11月。在NEXt Energy Technologies之前,泰勒先生在他共同創立的呼吸產品公司Inogen, Inc.擔任工程部執行副總裁,自2001年到2022年。泰勒先生在醫療科技運營方面擁有超過20年的經驗,包括產品工程和製造業-半導體。泰勒先生獲得加州大學聖巴巴拉分校的微生物學學士學位。
關於他被任命爲運營執行副總裁,泰勒先生與公司簽訂了一份僱傭協議(「僱傭協議」),該協議自2024年11月4日起生效。根據僱傭協議的條款,泰勒先生將(i)獲得初始年薪爲390,000美元(該年薪可由董事會不時調整,「基本工資」),(ii)有資格參與公司自2025財年開始的年度現金激勵計劃,初始年度現金獎金瞄準爲基本工資的45%(該目標可由董事會不時調整,稱爲「年度獎金」),以及(iii)根據公司2021年激勵獎計劃的條款獲得限制性股票單位(「RSU獎勵」),其公平市場價值爲800,000美元,分四個相等的年度分期解鎖,持續四年。根據RSU獎勵可以發行的股份數量將基於授予日公司普通股的收盤價,但在任何情況下,股份數量不得超過160,000股。
如果泰勒先生的僱傭關係被公司無故終止,或者泰勒先生因正當理由而辭職,公司應做如下安排: (i) 支付相當於基本工資的金額,爲接下來的12個月期間,(ii) 支付等同於終止前一年未支付的年度獎金金額,需在該年度其他公司高管獲得年度獎金時支付,並且(iii) 直接支付COBRA保險費,或爲此進行報銷,在泰勒先生的離職日期開始,直至以下最早發生的日期:(1) 接下來的12個月期間結束,(2) 泰勒先生及/或其受撫養人不再符合COBRA資格的日期,或(3) 泰勒先生符合從後續僱主處獲得福利的資格的日期。
Under the Employment Agreement, “cause” generally means, subject to notice and cure rights, an executive officer’s: (i) refusal to substantially perform duties or carry out reasonable and lawful instructions concerning duties, (ii) material breach of a policy of the Company, provision of the employment agreement or any other material agreement between the executive officer and the Company, (iii) conviction, plea of no contest, plea of nolo contendere, or imposition of unadjudicated probation for any felony or crime involving moral turpitude, (iv) unlawful use or possession of illegal drugs on the Company’s (or any of its affiliate’s) premises or while performing the executive officer’s duties and responsibilities under the employment agreement, or (v) commission of an act of fraud, embezzlement, misappropriation, willful misconduct or breach of fiduciary duty against the Company or any of its affiliates.
Under the Employment Agreement, “good reason” generally means, subject to notice and cure rights, (i) a reduction in Base Salary or Annual Bonus, (ii) a material decrease in authority or areas of responsibility, (iii) the relocation of the executive officer’s primary office to a location more than 35 miles from the executive officer’s primary office as of the date of the Employment Agreement, (iv) the failure of any successor of all or substantially all of the Company’s assets to assume the Employment Agreement, to the extent
such assumption does not occur automatically by operation of law, or (v) the Company’s breach of a material provision of the Employment Agreement.
The foregoing descriptions of the Employment Agreement does not purport to be complete and is subject to and qualified in its entirety by reference to the full and complete text of the Employment Agreement, which will be attached as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2024.
Mr. Taylor does not have a family relationship with any of the officers or directors of the Company. There were no understandings or arrangements between Mr. Taylor and any other person pursuant to which he was appointed to be an executive officer of the Company. There are no transactions involving Mr. Taylor that would require disclosure under Item 404(a) of Regulation S-K.
In connection with his appointment, Mr. Taylor has entered into the Company’s standard form of executive officer indemnification agreement. The form of indemnification agreement was previously filed as Exhibit 10.6 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed with the SEC on March 13, 2024.
Item 7.01 Regulation FD Disclosure
On November 7, 2024, the Company posted an investor presentation to its website at https://investors.sightsciences.com/. The Company expects to use the investor presentation, in whole or in part, and possibly with modifications, in connection with presentations to investors, analysts, and others. A copy of the investor presentation is furnished as Exhibit 99.2 to this Current Report.*
On November 7, 2024, the Company issued a press release announcing (i) the appointment of Mr. Taylor as Executive Vice President of Operations of the Company, and (ii) the retirement of Mr. Park as Chief Operating Officer of the Company. A copy of the press release is furnished as Exhibit 99.3 to this Current Report.*
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. |
Description |
99.1 |
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99.2 |
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99.3 |
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104 |
Cover Page Interactive Data File, formatted in Inline XBRL. |
* |
The information provided in Item 2.02 and Item 7.01 of this Current Reporting, including Exhibit 99.1, Exhibit 99.2, and Exhibit 99.3 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing. |
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 thereunto duly authorized.
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Sight Sciences, Inc. |
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Date: |
November 7, 2024 |
By: |
/s/ Alison Bauerlein |
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Alison Bauerlein |