pSivida Corp. (NASDAQ:PSDV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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pSivida Corp. (NASDAQ:PSDV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

On December21, 2016, the Compensation Committee of the Board of
Directors of pSivida Corp. (the Company) approved Amended and
Restated Performance-Based Restricted Stock Unit Award Agreements
(the Restated Agreements) with each of Nancy Lurker and Deb Jorn.
The Restated Agreements amended and restated the
Performance-Based Restricted Stock Unit Award Agreements, each
dated November2, 2016, between the Company and Ms.Lurker, on the
one hand, and the Company and Ms.Jorn, on the other hand. The
parties entered into the Restated Agreements to amend certain of
the vesting provisions therein to reflect the intent of the
Compensation Committee at the time of the respective grants.

The foregoing description of the Restated Agreements is not
complete and is qualified in its entirety by reference to the
Restated Agreements, which are filed as Exhibits 10.1 and 10.2
hereto and incorporated herein by reference.

Item9.01 Financial Statements and Exhibits.

(d) Exhibits
10.1 Amended and Restated Performance-Based Restricted Stock Unit
Award Agreement, dated December21, 2016, by and between
pSivida Corp. and Nancy Lurker.
10.2 Amended and Restated Performance-Based Restricted Stock Unit
Award Agreement, dated December22, 2016, by and between
pSivida Corp. and Deb Jorn.


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