GRAIL Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
GRAIL granted RSUs covering an aggregate 55,867 shares to 59 recently hired non-executive employees as a material inducement to accept employment, under Nasdaq Listing Rule 5635(c)(4). The awards come from GRAIL's Inducement Equity Incentive Plan and vest over roughly four years, with 25% vesting on Aug. 31, 2027 and the remainder on each one-year anniversary, subject to continued employment.
Key figures
- First vest pct
- 25%
- Vesting period
- approximately four years
- First vest date
- Aug. 31, 2027
- Employees awarded
- 59
- Rsu shares granted
- 55867
AI analysis
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