SHC 0.00% 2.5¢ sunshine heart, inc.

kim olesson leaves position head of clinical affairs

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    http://biz.yahoo.com/e/150625/ssh8-k.html

    Form 8-K for SUNSHINE HEART, INC.
    25-Jun-2015
    Change in Directors or Principal Officers



    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
    In a separation and release agreement dated June 19, 2015, Sunshine Heart, Inc. (the "Company") and Kimberly A. Oleson, the Company's Senior Vice President of Clinical Affairs, agreed upon terms relating to Ms. Oleson's separation from the Company, which was effective June 19, 2015. Ms. Oleson agreed to a full release of claims and other terms. In exchange, the Company agreed, among other things, to pay Ms. Oleson a one-time, lump sum amount of $350,000, as well as $5,936.40 for Ms. Oleson's COBRA continuation coverage.
 
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