CERUS CORP Files Definitive Proxy Statement
Ticker: CERS · Form: DEF 14A · Filed: Apr 26, 2024 · CIK: 1020214
| Field | Detail |
|---|---|
| Company | Cerus Corp (CERS) |
| Form Type | DEF 14A |
| Filed Date | Apr 26, 2024 |
| Risk Level | low |
| Pages | 17 |
| Reading Time | 20 min |
| Key Dollar Amounts | $10,500, $5,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, CERUS CORP, SEC Filing, Corporate Governance
TL;DR
<b>CERUS CORP has filed its Definitive Proxy Statement on April 26, 2024.</b>
AI Summary
CERUS CORP (CERS) filed a Proxy Statement (DEF 14A) with the SEC on April 26, 2024. Filing is a Definitive Proxy Statement (DEF 14A) for CERUS CORPORATION. The filing was made on April 26, 2024. The company's fiscal year ends on December 31. CERUS CORPORATION is incorporated in Delaware. The company's business address is 1220 Concord Avenue, Suite 600, Concord, CA 94520.
Why It Matters
For investors and stakeholders tracking CERUS CORP, this filing contains several important signals. This filing indicates that shareholders will be asked to vote on matters presented by the company's management, which is typical for a DEF 14A. The filing provides details on executive compensation, board nominations, and other corporate governance issues that are important for investors to understand.
Risk Assessment
Risk Level: low — CERUS CORP shows low risk based on this filing. The filing is a routine DEF 14A, which is a standard disclosure document and does not inherently present new risks.
Analyst Insight
Review the proxy statement for details on executive compensation, board proposals, and any shareholder proposals to inform voting decisions.
Key Numbers
- 2024-04-26 — Filing Date (Date of filing)
- DEF 14A — Form Type (Type of filing)
- 1231 — Fiscal Year End (Company's fiscal year end)
Key Players & Entities
- CERUS CORP (company) — Registrant
- 1220 Concord Avenue, Suite 600, Concord, CA 94520 (location) — Business Address
- DE (location) — State of Incorporation
- 1934 Act (regulation) — SEC Act
- 000-21937 (identifier) — SEC File Number
FAQ
When did CERUS CORP file this DEF 14A?
CERUS CORP filed this Proxy Statement (DEF 14A) with the SEC on April 26, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by CERUS CORP (CERS).
Where can I read the original DEF 14A filing from CERUS CORP?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CERUS CORP.
What are the key takeaways from CERUS CORP's DEF 14A?
CERUS CORP filed this DEF 14A on April 26, 2024. Key takeaways: Filing is a Definitive Proxy Statement (DEF 14A) for CERUS CORPORATION.. The filing was made on April 26, 2024.. The company's fiscal year ends on December 31..
Is CERUS CORP a risky investment based on this filing?
Based on this DEF 14A, CERUS CORP presents a relatively low-risk profile. The filing is a routine DEF 14A, which is a standard disclosure document and does not inherently present new risks.
What should investors do after reading CERUS CORP's DEF 14A?
Review the proxy statement for details on executive compensation, board proposals, and any shareholder proposals to inform voting decisions. The overall sentiment from this filing is neutral.
How does CERUS CORP compare to its industry peers?
CERUS CORPORATION operates in the Surgical & Medical Instruments & Apparatus industry.
Are there regulatory concerns for CERUS CORP?
The filing is made under the Securities Exchange Act of 1934, specifically Section 14(a), which governs proxy solicitations.
Industry Context
CERUS CORPORATION operates in the Surgical & Medical Instruments & Apparatus industry.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, specifically Section 14(a), which governs proxy solicitations.
What Investors Should Do
- Review the executive compensation details presented in the proxy statement.
- Examine any proposals to be voted on by shareholders.
- Assess the background and qualifications of director nominees.
Key Dates
- 2024-04-26: Filing Date — Definitive Proxy Statement filed
Year-Over-Year Comparison
This is a DEF 14A filing, which is a standard annual disclosure document. No prior filing data is available for comparison within this specific document.
Filing Stats: 4,953 words · 20 min read · ~17 pages · Grade level 12.5 · Accepted 2024-04-26 12:00:03
Key Financial Figures
- $10,500 — proxy solicitor, a fee of approximately $10,500, plus reimbursement of out-of-pocket ex
- $5,000 — s, which we estimate to be no more than $5,000, to solicit proxies. The actual costs o
Filing Documents
- cers-20240419.htm (DEF 14A) — 1727KB
- img235552918_0.jpg (GRAPHIC) — 5KB
- img235552918_1.jpg (GRAPHIC) — 129KB
- img235552918_2.jpg (GRAPHIC) — 125KB
- img235552918_3.jpg (GRAPHIC) — 126KB
- img235552918_4.jpg (GRAPHIC) — 5KB
- img235552918_5.jpg (GRAPHIC) — 613KB
- img235552918_6.jpg (GRAPHIC) — 395KB
- 0000950170-24-048801.txt ( ) — 5673KB
- cers-20240419.xsd (EX-101.SCH) — 50KB
- cers-20240419_htm.xml (XML) — 161KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 45 EXECUTIVE OFFICERS 47
EXECUTIVE COMPENSATION DISCUSSION AND ANALYSIS
EXECUTIVE COMPENSATION DISCUSSION AND ANALYSIS 48 SUMMARY COMPENSATION TABLE 66 GRANTS OF PLAN-BASED AWARDS IN FISCAL 2023 67 OUTSTANDING EQUITY AWARDS AT 2023 FISCAL YEAR-END 69 OPTION EXERCISES AND STOCK VESTED IN FISCAL 2023 71 NONQUALIFIED DEFERRED COMPENSATION IN FISCAL 2023 71 SEVERANCE AND CHANGE OF CONTROL AGREEMENTS 72 POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL 73 CEO PAY RATIO 74 PAY VERSUS PERFORMANCE 75 DIRECTOR COMPENSATION 79 TRANSACTIONS WITH RELATED PERSONS 81 HOUSEHOLDING OF PROXY MATERIALS 83 OTHER MATTERS 83 APPENDIX A - CERUS CORPORATION 2024 EQUITY INCENTIVE PLAN A- 1 APPENDIX B - CERUS CORPORATION AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE PLAN B- 1 APPENDIX C - RECONCILIATION OF NET LOSS ATTRIBUTABLE TO CERUS CORPORATION TO NON-GAAP ADJUSTED EBITDA AND RELATED DEFINITION C- 1 CERUS CORPORATION 1220 Concord Avenue, Suite 600, Concord, CA 94520 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS JUNE 5, 2024 QUESTIONS AND ANSWERS ABOUT THESE PROXY MATERIALS AND VOTING Why did I receive a notice regarding the availability of proxy materials on the internet or a full set of proxy materials? We have sent or made available to you these proxy materials because our Board of Directors, or the Board, is soliciting your proxy to vote at the 2024 Annual Meeting of Stockholders, or the Annual Meeting, including any adjournments or postponements of the Annual Meeting. Pursuant to rules adopted by the Securities and Exchange Commission, or the SEC, we have elected to provide access to our proxy materials to our stockholders over the internet. Accordingly, we are sending by mail only a Notice of Internet Availability of Proxy Materials, or the Notice, to most of our stockholders of record and posting our proxy materials online at www.proxyvote.com. In addition, certain of our stockholders who previously requested to receive paper copies of our proxy mat