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





Retention Awards

On January 5, 2022, the Board of Directors (the "Board") of OraSure Technologies, Inc. (the "Company"), acting on the advice and recommendations of the Compensation Committee of the Board, approved retention awards to certain of the Company's employees, including the following executive officers: (i) Kathleen G. Weber, Executive Vice President, Business Unit Leader, Molecular Solutions, (ii) Lisa Nibauer, Executive Vice President, Business Unit Leader, Diagnostics, and (iii) Scott Gleason, Interim Chief Financial Officer and Senior Vice President, Investor Relations and Corporate Communications. Each of the aforementioned executive officers received a grant of time-vested restricted shares ("Restricted Shares") pursuant to the Company's Stock Award Plan and in accordance with the Company's Long-Term Incentive Policy. The Restricted Shares vest in equal annual installments over three years, starting on the first anniversary of the date of grant, subject to each employee's continued service with the Company; provided, however, that the Restricted Shares vest in full immediately upon a change of control. The number of Restricted Shares that each of the aforementioned executive officers received is as set forth below:

Kathleen G. Weber 60,901 Restricted Shares
Lisa Nibauer      60,901 Restricted Shares
Scott Gleason     48,721 Restricted Shares

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