Juno 2015 Annual Report Download - page 23

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Table of Contents
upon the completion of one year of service with us measured from February 15, 2015 and the balance of the shares will vest in a series of 24 successive equal
monthly installments upon completion of each additional month of service with us thereafter. In July 2015, the Compensation Committee approved restricted
stock units and stock option awards for Mr. Harrington covering the number of shares of our common stock set forth in the table below. The shares of
common stock covered by the restricted stock units will vest in three successive equal annual installments upon completion of each year of service with us
over the three-year period measured from August 3, 2015. The stock options will vest and become exercisable as to one-third of the shares upon the
completion of one year of service with us measured from August 3, 2015 and the balance of the shares will vest in a series of 24 successive equal monthly
installments upon completion of each additional month of service with us thereafter. Mr. Harrington’s 2015 equity awards were special new hire awards,
intended to induce him to join our company and to motivate him to continue to grow our business over the long-term.









Francis Lobo(1) 27,867 $ 425,250 75,000 $ 515,199
Howard Phanstiel(2) — — — —
Edward Zinser(1) 15,841 $ 241,734 35,000 $ 240,426
Mark Harrington (3) 30,915 $ 374,999 92,745 $ 490,702
Shahir Fakiri (4) 5,500 $ 83,930 16,500 $ 113,344
Kesa Tsuda(1) 5,335 $ 81,412 15,000 $ 103,040
(1) Awards approved by the Compensation Committee in February 2015.
(2) No awards were granted to Mr. Phanstiel in his capacity as Principal Executive Officer.
(3) Awards approved by the Compensation Committee in July 2015.
(4) Awards approved by the Compensation Committee in February 2015 as part of an overall pool of awards approved for company employees who
were not executive officers.
 In January 2016, the Compensation Committee granted Jeffrey D. Goldstein, our new Interim Chief Executive Officer, 45,495
restricted stock units, which are scheduled to vest at the conclusion of Mr. Goldstein’s first six months of employment with the Company. In connection with
our standard Board of Directors compensation program, Mr. Phanstiel received a grant of 2,274 restricted stock units in January 2016. However, this grant is
in connection with his service as Chairman of the Board and not in connection with his prior service as Principal Executive Officer. The shares of common
stock covered by the grant to Mr. Phanstiel will vest in full one year from the grant date. In March 2016, the Compensation Committee granted Mr. Zinser
and Mr. Harrington restricted stock units covering the number of shares of our common stock set forth in the table below. The shares of common stock
covered by the restricted stock units will vest in three successive equal annual installments upon completion of each year of service with us over the three-
year period measured from February 15, 2016.





Howard Phanstiel(1) — $ —
Edward Zinser 37,500 $ 442,500
Mark Harrington 27,500 $ 324,500
(1) No awards were granted to Mr. Phanstiel in his capacity as Principal Executive Officer.
Equity Grant Practices
We generally make annual equity awards to our eligible employees during the first quarter of each year, following the availability of the financial
results for the prior annual period. All grants made to our executive officers require the approval of the Compensation Committee. The Secondary
Compensation Committee has generally made grants to employees who are not executive officers; however, the Secondary Compensation Committee was
dissolved in March 2015. Going forward, all equity grants will be approved by the Board of Directors, the Compensation Committee or a subcommittee of the
Compensation Committee, as applicable, in accordance with the company’s equity incentive grant policy. All equity grants will be approved by the
appropriate authorizing party on or before their actual effective date.
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