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EX-10.1 - EX-10.1 - MYOMO, INC.d159350dex101.htm

 

 

UNITED STATES

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): June 27, 2021

 

 

Myomo, Inc.

(Exact Name of Company as Specified in Charter)

 

 

 

Delaware   001-38109   47-0944526
(State or Other Jurisdiction
of Incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
137 Portland St., 4th Floor, Boston, Massachusetts   02114
(Address of Principal Executive Offices)   (Zip Code)

Company’s telephone number, including area code: (617) 996-9058

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

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 (see General Instruction A.2. below):

 

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))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, $0.0001 par value per share   MYO   NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


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

Amendment to Transitional Services and Separation Agreement

On June 27, 2021, Myomo, Inc. (the “Company”) entered into an amendment (the “Amendment”) to the Transitional Services and Separation Agreement (the “Transition Agreement”), dated March 31, 2021, between the Company and Jonathan Naft, presently a consultant of the Company and a “named executive officer” for the Company’s 2019 fiscal year. Pursuant to the Amendment, the 2021 Equity Grant (as defined in the original Transition Agreement), if one is granted to Mr. Naft, would no longer automatically vest in full no later than December 31, 2021. Instead, the vesting of such award will be subject to the applicable award agreement and the applicable Company equity plan.

The foregoing description of the Amendment is qualified in its entirety by reference to the complete text of such agreement, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:

 

Exhibit
No.
  

Description

10.1
   Amendment to Transitional Services and Separation Agreement, dated as of June 27, 2021, between the Company and Jonathan Naft.


SIGNATURE

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.

 

Date: June 29, 2021     MYOMO, INC.
    By:  

/s/ David A. Henry

      David A. Henry
      Chief Financial Officer