UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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) March 7, 2012

 


 

ASTEX PHARMACEUTICALS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-27628

 

91-1841574

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

4140 Dublin Blvd., Suite 200

Dublin, CA 94568

(Address of principal executive offices, including zip code)

 

(925) 560-0100

(Registrant’s telephone number, including area code)

 

 

(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):

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

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

 

Bonuses for Certain Executive Officers

 

On March 7, 2012, the Astex Pharmaceuticals Compensation Committee approved cash bonus awards to certain of the executive officers of the company for their performance in calendar year 2011.  The approved cash bonuses are as follows:

 

Name and Position

 

Bonus

 

Mohammad Azab, M.D
Chief Medical Officer

 

$225,000

 

Michael Molkentin
Chief Financial Officer

 

$188,000

 

Harren Jhoti, Ph.D
President

 

£184,516
(Approx. $286,000)

 

Martin Buckland
Chief Business Officer

 

£107,097
(Approx. $166,000)

 

 

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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 hereunto duly authorized.

 

 

ASTEX PHARMACUETICALS, INC.

 

 

 

By:

/s/ MICHAEL MOLKENTIN

 

Michael Molkentin

 

Chief Financial Officer

 

 

Date:  March 13, 2012

 

 

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