2023-04-06 05:20:37 ET
- Curis ( NASDAQ: CRIS ) said a new employee will be granted stock options to buy 135.45K common shares of the company.
- The inducement grant has an exercise price equal to the closing price of the common stock on March 31, the company added.
- The stock option has a 10 year term and vests over four years.
- Curis said the stock option was granted as an inducement equity award outside of the company's Fourth Amended and Restated 2010 Stock Incentive Plan.
For further details see:
Curis to grant stock options for 135.45K shares to new hire