Form 8-K

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): March 4, 2015

 

 

CAREDX, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-36536   94-3316839

(State or other jurisdiction

of incorporation)

 

(Commission

File No.)

 

(IRS Employer

Identification Number)

3260 Bayshore Boulevard

Brisbane, California 94005

(Address of principal executive offices)

(415) 287-2300

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 5.02. Departure of Director or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 4, 2015, the Compensation Committee of the Board of Directors of CareDx, Inc. approved the following compensation arrangements for the named executive officers of the Company:

 

Name    Base Salary
for 2015
    

Bonus Target for 2015

(% of Base Salary)

Peter Maag

   $ 450,000       55%

President and Chief Executive Officer

     

James Yee

   $ 376,000       40%

Chief Medical Officer

     

Matthew Meyer

   $ 325,000       40%

Chief Business Officer

     

The base salaries listed for the named executive officers are effective on April 1, 2015.

Actual bonuses for 2015 for the named executive officers will be determined by the Compensation Committee in accordance with the Company’s Executive Incentive Compensation Plan, and are based upon individual performance achievement.


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.

 

      CAREDX, INC.

Date: March 6, 2015

By: /s/ Ken Ludlum

Ken Ludlum
Chief Financial Officer