SRGA - Surgalign reports inducement grants under Nasdaq listing rule

Surgalign Holdings ([[SRGA]] -0.3%) has granted equity awards to 6 employees hired, none of whom are executive officers.These employees received options to purchase 179,667 shares of common stock, and 7,760 restricted stock units.The options were granted on June 1, 2021 under the company's 2021 inducement plan, and include 116,751 options with an exercise price of $1.80 and 62,916 restricted stock units.Shares underlying the option that are granted to each employee are fully vested 4 years after the grant date and restricted stock underlying the option that are granted to each employee are fully vested 3 years after the grant date, subject to continued employment through the applicable vesting date.

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Surgalign reports inducement grants under Nasdaq listing rule