Mitchell Williams
About Mitchell Williams
Mitchell Williams serves as Chief Investment Officer of BioSig Technologies (BSGM), appointed effective May 28, 2025 as part of the Streamex share exchange and leadership transition . His compensation package is centered on a $500,000 base salary and a 2025 minimum bonus equal to 100% of base, plus a retention-oriented RSU grant that fully accelerates upon a defined Liquidity Event or protected termination . No further background details (age, education) were disclosed in the company’s SEC filings.
Fixed Compensation
| Component | 2025 Value | Notes |
|---|---|---|
| Base Salary | $500,000 | Annual base, per employment agreement |
| Target Bonus % | 100% of base | Minimum 100% bonus for 2025; payable on regular schedule or earlier upon Liquidity Event |
| Actual Bonus Paid | Not disclosed | — |
Performance Compensation
Equity Awards (RSUs)
| Grant Type | Grant Date | Number of RSUs | Grant-Date Fair Value ($) | Vesting Schedule | Acceleration/Triggers |
|---|---|---|---|---|---|
| RSU | 2025 (post-appointment) | 1,000,000 | ~$5,000,000 | 3-month cliff, then quarterly over 18 months; one-third vests on Apr 24, 2026; remaining two-thirds vest in five equal quarterly installments thereafter | Full vest upon Liquidity Event (change-in-control, IPO, or shareholder cash/benefit distribution) or Protected Termination; if Liquidity Event occurs prior to grant, cash equal to RSU value |
Annual Incentive
| Metric | Target | Actual | Payout Mechanism | Notes |
|---|---|---|---|---|
| 2025 Annual Bonus | 100% of base | Not disclosed | Payable on regular timeline or earlier upon Liquidity Event | Performance goals established by Streamex and Williams; specific metrics not disclosed |
Equity Ownership & Alignment
| Instrument | Quantity | Status | Notes |
|---|---|---|---|
| Exchangeable Shares (BioSig equity via Streamex deal) | 937,382 | Beneficial ownership | Exchangeable 1:1 into BioSig shares (subject to approvals/limits) received as Streamex shareholder |
| RSUs Granted | 1,000,000 | Unvested, service-based | Retention-focused; accelerated on Liquidity Event/Protected Termination |
| Hedging/Pledging | Prohibited | Policy | Company insider policy prohibits hedging and pledging of company securities |
No breakdown of vested vs unvested options or pledged shares beyond policy was disclosed.
Employment Terms
| Term | Details |
|---|---|
| Role & Start Date | Chief Investment Officer; effective May 28, 2025 |
| Contract Structure | Executive employment agreement dated May 30, 2025 |
| Severance (Protected Termination: without cause/for good reason) | 12 months base salary; 12 months continued/reimbursed health coverage; prorated annual bonus; accelerated vesting of all unvested RSUs/other equity |
| Change-in-Control (Liquidity Event) | RSUs vest in full; 2025 minimum bonus payable earlier upon Liquidity Event; if Liquidity Event precedes grant, cash equal to RSU value |
| Death/Disability | Accrued obligations; prorated annual bonus |
| Resignation (without good reason) | One month notice; accrued compensation only |
| Termination (for cause) | Unpaid base salary and accrued obligations only |
| Confidentiality & Benefits | Confidentiality; expense reimbursement; six weeks paid vacation plus “comp time” for weekends/travel |
Investment Implications
- Strong near-term cash component: 2025 bonus guaranteed at 100% of base reduces first-year at-risk pay, potentially tempering pure pay-for-performance signals in year one .
- Retention design: 1,000,000 RSUs with an 18-month vesting horizon and quarterly installments create meaningful retention incentives and may limit immediate selling pressure; full acceleration on Liquidity Event introduces a potential near-term overhang if a transaction occurs .
- Alignment via ownership: 937,382 exchangeable shares from the Streamex transaction plus sizeable service-based RSUs indicate material equity exposure, with corporate policy prohibiting hedging and pledging mitigating alignment risks .
- Term protection: Severance and accelerated vesting terms (Protected Termination/Liquidity Event) reduce retention risk and provide certainty through strategic transitions, but can amplify dilution or supply if acceleration and settlement coincide with corporate events .