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Verve Therapeutics Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
VERVVerve Therapeutics(VERV) Newsfilter·2024-07-01 20:05

The employee received a stock option to purchase 76,900 shares of the company's common stock and 19,200 restricted stock units (RSUs). The option has an exercise price of $4.88 per share, which is equal to the closing price of the company's common stock on the date of grant. Such option has a 10-year term and will vest over a period of four years, with 25% of the shares vesting on the one-year anniversary of the grant date and the remainder vesting in equal monthly installments over the following three year ...