Invivyd Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Invivyd granted options on 157,500 shares to six newly hired non-executive employees as employment inducements under Nasdaq Listing Rule 5635(c)(4). The options carry a $0.8165 exercise price equal to the grant-date close, vest over four years with a 25% first-anniversary cliff, and have a 10-year term.
Key figures
- Exercise price
- 0.8165
- Options granted
- 157500
- Employees granted
- 6
- Option term years
- 10
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