UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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 May 15, 2023, following a review of the Company’s equity-based compensation arrangements, the Board of Directors of MoonLake Immunotherapeutics (the “Company”) determined to amend the Employee Share Participation Plan and the Employee Stock Option Plan of MoonLake Immunotherapeutics AG (as so amended, the “Plans”) as well as all outstanding equity awards under the Plans, including those granted to the Company’s named executive officers, to, effective immediately, provide for automatic vesting in full of outstanding awards (whether currently outstanding or granted in the future) upon a Change of Control (as the term is defined in the Plans) in order to more closely align with market practice.
Signature
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.
| MoonLake Immunotherapeutics | ||
| Date: May 19, 2023 | By: | /s/ Matthias Bodenstedt |
| Name: | Matthias Bodenstedt | |
| Title: | Chief Financial Officer | |