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 |
(b)
On October 21, 2019, Mina Kim, Senior Vice President, Corporate Strategy and General Counsel of Atara Biotherapeutics, Inc. (the “Company”), notified the Company of her decision to resign from the Company effective November 1, 2019.
(e)
In connection with Ms. Kim’s resignation, Ms. Kim and the Company entered into a separation and consulting agreement, dated October 25, 2019 (the “Agreement”), pursuant to which Ms. Kim will perform consulting services to the Company effective November 1, 2019 through April 10, 2020 to help ensure a smooth transition of her duties and responsibilities at the Company. Pursuant to the terms of the Agreement, among other things, Ms. Kim will provide a general release and waiver of claims, and will be entitled to (i) compensation of $10,000 per month from the period from November 1, 2019 to December 31, 2019, (ii) compensation of $5,000 per month from the period from January 1, 2020 to February 29, 2020, (iii) continued vesting of her outstanding equity awards during the term of the Agreement, and (iv) reimbursement for certain expenses relating to her activities as a consultant to the Company.
The above summary of the Agreement is qualified in its entirety by reference to the text of the Agreement, a copy of which will be filed as an exhibit to the Company’s annual report on Form 10-K for the year ending December 31, 2019.
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.
Atara Biotherapeutics, Inc. | ||
By: |
/s/ Utpal Koppikar | |
Utpal Koppikar | ||
Chief Financial Officer |
Date: October 25, 2019