vTv Therapeutics Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
vTv Therapeutics granted 12,500 stock options to two new non-executive employees as a material inducement to employment under Nasdaq Listing Rule 5635(c)(4). The options carry a weighted average exercise price of $34.15 per share and vest over four years, with 25% vesting on the first anniversary and the remainder vesting quarterly thereafter.
Key figures
- Exercise price
- 34.15
- Options granted
- 12500
- Vesting period years
- 4
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