EyePoint Pharmaceuticals Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

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EyePoint Pharmaceuticals (NASDAQ: EYPT) has granted non-statutory stock options to two new employees as inducement awards outside its 2023 Long-Term Incentive Plan. The grants, approved by the Compensation Committee, comply with NASDAQ Listing Rule 5635(c)(4). Key details include:

  • 43,000 shares of common stock options granted
  • Grant date: September 13, 2024
  • Exercise price: $9.10 per share (closing price on grant date)
  • Ten-year term
  • Vesting over four years: 25% after one year, remainder in monthly installments over three years
  • Vesting contingent on continued employment

These inducement awards aim to attract and retain talent in EyePoint’s mission to develop therapeutics for serious retinal diseases.

EyePoint Pharmaceuticals (NASDAQ: EYPT) ha concesso opzioni su azioni non statutarie a due nuovi dipendenti come premi di induzione al di fuori del suo Piano di Incentivi a…

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