ImmunoGen, Inc. 2006 Executive Compensation Schedule for Named Officers

Summary

This document outlines the 2006 base salaries, target bonus percentages, 2005 bonuses, and 2005 stock option awards for ImmunoGen, Inc.'s top executives, including the CEO, Executive Vice President, and Senior Vice Presidents. It specifies each executive's compensation details and notes that the 2005 stock option awards vest in three equal parts over three years. The agreement sets forth the company's compensation structure for its named executive officers for the specified years.

EX-10.1 2 a05-10865_1ex10d1.htm EX-10.1

Exhibit 10.1

 

ImmunoGen, Inc.

 

Named Executive Officer

 

2006 Base Salary ($)

 

2006 Target Bonus
(% of Base Salary)

 

2005 Bonus($)

 

2005 Stock
Option Award (1)

 

 

 

 

 

 

 

 

 

 

 

Mitchel Sayare, Ph.D.
Chairman of the Board,
Chief Executive Officer and President

 

420,570

 

40

%

145,000

 

75,000

 

 

 

 

 

 

 

 

 

 

 

Walter A. Blättler, Ph.D.
Director and Executive Vice President,
Science and Technology

 

304,290

 

35

%

95,000

 

65,000

 

 

 

 

 

 

 

 

 

 

 

John M. Lambert, Ph.D.
Senior Vice President,
Pharmaceutical Development

 

255,450

 

30

%

65,688

 

35,000

 

 

 

 

 

 

 

 

 

 

 

Pauline Jen Ryan
Senior Vice President,
Corporate Development and Operations

 

231,570

 

30

%

59,546

 

35,000

 

 


(1)   2005 stock awards vest in three equal installments on each of the first three anniversaries of the date of the grant.