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Alimera Sciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Alimera SciencesAlimera Sciences(US:ALIM) Newsfilterยท2024-06-04 20:30

Core Points - Alimera Sciences, Inc. announced the approval of inducement awards for five non-executive employees as part of their hiring strategy [1][2] - The inducement awards consist of stock options allowing the purchase of 64,000 shares at an exercise price of $3.00 per share, which is the closing price on the grant date [2] - The awards will vest over four years, with 25% vesting on the one-year anniversary of employment and the remaining 75% vesting in equal installments over the next 36 months [2] Company Overview - Alimera Sciences is a global pharmaceutical company focused on retinal health and improving vision longevity [3]