Organovo Holdings DEF 14A: Executive Compensation Details
Ticker: VIVS · Form: DEF 14A · Filed: Oct 7, 2024 · CIK: 1497253
| Field | Detail |
|---|---|
| Company | Organovo Holdings, Inc. (VIVS) |
| Form Type | DEF 14A |
| Filed Date | Oct 7, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
TL;DR
Organovo Holdings DEF 14A out: exec comp & equity awards for FY24 detailed.
AI Summary
Organovo Holdings, Inc. filed a DEF 14A on October 7, 2024, detailing executive compensation and corporate governance matters for the fiscal year ending March 31, 2024. The filing includes information on equity awards granted and vested for both principal executive officers (PEO) and non-PEO members during the fiscal years 2022, 2023, and 2024.
Why It Matters
This filing provides transparency into how Organovo Holdings compensates its top executives, which can influence investor decisions and perceptions of company management.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of executive compensation and corporate governance, not indicating immediate financial distress or significant operational changes.
Key Numbers
- 2024 — Fiscal Year (Reporting period for compensation data)
- 2023 — Fiscal Year (Reporting period for compensation data)
- 2022 — Fiscal Year (Reporting period for compensation data)
Key Players & Entities
- ORGANOVO HOLDINGS, INC. (company) — Filer
- 0000950170-24-113206 (filing_id) — Accession Number
- 20241007 (date) — Filing Date
- 2024-03-31 (date) — Fiscal Year End
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes and provide detailed information about matters to be voted on at a shareholder meeting, including executive compensation, director elections, and other corporate governance issues.
Which fiscal years are covered by the compensation data in this filing?
The filing provides data for the fiscal years ending March 31, 2022, March 31, 2023, and March 31, 2024.
What type of compensation is detailed in the filing?
The filing details equity awards, including changes in fair value of equity awards granted and vested, for principal executive officers (PEO) and non-PEO members.
What is the company's Standard Industrial Classification (SIC) code?
Organovo Holdings, Inc. has a SIC code of 2836, which corresponds to Biological Products (No Diagnostic Substances).
When was Organovo Holdings, Inc. formerly known as Real Estate Restoration & Rental, Inc.?
The company's name was changed from Real Estate Restoration & Rental, Inc. on July 22, 2010.
Filing Stats: 4,642 words · 19 min read · ~15 pages · Grade level 14.2 · Accepted 2024-10-07 16:05:09
Key Financial Figures
- $0.001 — f the Company's common stock, par value $0.001 per share (the "Common Stock"), at a ra
Filing Documents
- onvo-20241004.htm (DEF 14A) — 1424KB
- img64670392_0.jpg (GRAPHIC) — 5KB
- img64670392_1.jpg (GRAPHIC) — 2KB
- img64670392_2.jpg (GRAPHIC) — 2KB
- img64670392_3.jpg (GRAPHIC) — 3KB
- img64670392_4.jpg (GRAPHIC) — 158KB
- img64670392_5.jpg (GRAPHIC) — 159KB
- img64670392_6.jpg (GRAPHIC) — 2KB
- img64670392_7.jpg (GRAPHIC) — 94KB
- img64670392_8.jpg (GRAPHIC) — 334KB
- 0000950170-24-113206.txt ( ) — 3967KB
- onvo-20241004.xsd (EX-101.SCH) — 7KB
- onvo-20241004_htm.xml (XML) — 229KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 51
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 53 Recent "Say-on-Pay" Vote 53 Compensation Philosophy and Objectives 53 Use of Market Data and Benchmarking 54 Determination of Executive Compensation 55 Commitment to Good Compensation Governance Practices 55 Components of Executive Compensation 56 Other Benefits 57 Severance Arrangement 57 Potential Payments upon Termination or Change in Control 58 Death or Disability Benefits 58 Summary Compensation Table 59 Outstanding Equity Awards at Fiscal Year End 59
(V) PAY VERSUS PERFORMANCE
ITEM 402(V) PAY VERSUS PERFORMANCE 61 REPORT OF THE AUDIT COMMITTEE 64 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 65 OTHER MATTERS 66 PROXY SOLICITATION 66 STOCKHOLDER PROPOSALS FOR 2025 ANNUAL MEETING 66 HOUSEHOLDING OF ANNUAL MEETING MATERIALS 66 ANNUAL REPORT ON FORM 10-K 68 ANNEX A: AMENDED AND RESTATED ORGANOVO HOLDINGS, INC. 2022 EQUITY INCENTIVE PLAN 69 ANNEX B: THIRD AMENDMENT TO CERTIFICATE OF INCORPORATION 86 ix ORGANOVO HOLDINGS, INC. 11555 Sorrento Valley Rd., Suite 100, San Diego, CA 92121 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS TO BE HELD NOVEMBER 20, 2024 This Proxy Statement, along with a proxy card, is being mailed and made available to our stockholders on or about October 7, 2024 GENERAL IN FORMATION We have made these proxy materials available to you in connection with the solicitation by the Board of Directors (the "Board" or "Board of Directors") of Organovo Holdings, Inc. of proxies to be voted at the 2024 Annual Meeting of Stockholders (the "Annual Meeting") to be held virtually on Wednesday, November 20, 2024 at 9:00 a.m. (Pacific Daylight Time) via live webcast by visiting www.virtualshareholdermeeting.com/ONVO2024. References in this Proxy Statement to the "Company," "Organovo," "we," "our" and "us" are to Organovo Holdings, Inc. and its subsidiaries. Record Date Holders of shares of our common stock, our only class of issued and outstanding voting securities, at the close of business on September 23, 2024 (the "Record Date") are entitled to vote on the proposals presented at the Annual Meeting. As of September 23, 2024, we had 15,365,826 issued and outstanding shares of common stock. Quorum The presence, in person or by proxy, of the holders of at least 5,121,942 shares of common stock, representing one-third of the outstanding shares of common stock entitled to vote at the virtual Annual Meeting, is necessary to constitute a quorum for the transaction of b