Erasca Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Erasca granted inducement awards to newly appointed President of Research and Development Dr. Charles S. Fuchs, consisting of non-qualified stock options to purchase 1.28 million shares. The grants were approved by the board under Nasdaq Listing Rule 5635(c)(4) to facilitate the employment, with 25% vesting on August 10, 2027, and the remainder vesting monthly thereafter.
Key figures
- Inducement options shares
- 1278520
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