Geron Corporation Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Geron granted stock options to purchase an aggregate of 821,250 shares to nine newly hired employees as an inducement material to their acceptance of employment, effective September 17, 2026. The options carry a $1.32 exercise price equal to the grant-date closing price, a ten-year term, and four-year vesting, with 12.5% vesting at the six-month anniversary and the remainder in equal installments over the following 42 months.
Key figures
- Vesting years
- 4
- Employees granted
- 9
- Option term years
- 10
- Vesting cliff pct
- 12.5%
- Exercise price usd
- 1.32
- Inducement options
- 821250
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