UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): December 18, 2007 GERON CORPORATION (Exact name of registrant as specified in its charter) Delaware 0-20859 75-2287752 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 230 CONSTITUTION DRIVE MENLO PARK, CALIFORNIA 94025 (Address of principal executive offices, including zip code) (650) 473-7700 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Compensatory Arrangements of Certain Officers On December 18, 2007, the Compensation Committee (the "Committee") of the Board of Directors (the "Board") of Geron Corporation (the "Company") approved (a) increases in annual base salaries for 2008 and (b) cash performance bonuses for 2007 for the following principal executive officer, principal financial officer and named executive officers of the Company: ---------------------------------------------------------------------- 2008 2007 Salary New 2008 Cash Name and Position Increase Base Salary Bonus ---------------------------------------------------------------------- ---------------------------------------------------------------------- Thomas B. Okarma, Ph.D., M.D. President and CEO $25,000 $535,000 $275,000 ---------------------------------------------------------------------- Alan B. Colowick, M.D., M.P.H. President, Oncology $20,000 $445,000 $172,000 ---------------------------------------------------------------------- David L. Greenwood Executive Vice President and CFO $20,000 $415,000 $160,000 ---------------------------------------------------------------------- David J. Earp, Ph.D., J.D. Senior Vice President, Bus. Dev. and Chief Patent Counsel $15,000 $325,000 $112,000 ---------------------------------------------------------------------- Melissa Kelly Behrs Senior Vice President, Oncology $15,000 $320,000 $110,000 ---------------------------------------------------------------------- Jane L. Lebkowski, Ph.D. Senior Vice President, Regenerative Medicine $15,000 $335,000 $115,000 ---------------------------------------------------------------------- Calvin B. Harley, Ph.D. Chief Scientific Officer $10,000 $315,000 $83,000 ---------------------------------------------------------------------- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GERON CORPORATION Date: December 19, 2007 By: /s/ Thomas B. Okarma ------------------------------- Thomas B. Okarma President and Chief Executive Officer