Company: HURA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0000950170-25-047921
Chunk: 16

Company: TuHURA Biosciences, Inc./NV
Filing Date: 2025-03-31
Form: 10-K
Item: Item 11
Chunk 16
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 upon the same circumstances, except that it occurs immediately prior to, upon, or within two years following a Change of Control (as defined in Mr. Yamashita’s employment agreement), Mr. Yamashita’s bonus payment will instead be an amount equal to the greater of the average of the two prior years’ bonuses or 50% of his base salary.

Base Salaries

The base salaries for Dr. Bianco, Mr. Dearborn and Dr. Yamashita for fiscal 2024 were established in connection with their employment agreements. The table below sets forth the base salary as of December 31, 2024, for each NEO. 

    Name

    Base Salary (as of12/31/2024)

    Dr. James Bianco
     
    $
     
    463,764

    Dan Dearborn
     
    $
     
    339,101

    Robert Hoffman
     
    $
     
    594,600
     
    (1)

    Dr. Dennis Yamashita
     
    $
     
    -
     
    (2)

(1)Mr. Hoffman’s employment was terminated in connection with the completion of the Kintara Merger. 

(2)Dr. Yamashita is no longer employed with our company as of December 16, 2024.

Annual Bonuses

Each NEO is eligible to receive an annual incentive bonus based on objectives determined by our board of directors or any compensation committee thereof.

A target annual bonus, as a percentage of base salary, is established for each NEO, as set forth in the table below. Following review of individual performance during fiscal 2024, our board of directors (or the compensation committee, as applicable) determined that it was appropriate to award the following annual bonuses for fiscal 2024.

    Name
     
    Target Bonus (%of Salary)

    2024 AnnualBonus

    Dr. James Bianco
     
    100%
     
    $
    463,764

    Dan Dearborn
     
    50%
     
    $
    169,551

    Dennis Yamashita
     
    68%
     
    $
    -

    Robert Hoffman
     
    67%
     
    $
    397,669

103

Equity Awards

We have historically provided long-term incentive compensation to the NEOs through grants of stock options to purchase shares of our common stock under the TuHURA Amended