Radius Health Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
In addition, the Board granted Mr. Martin an option (the Performance-Based Option) to purchase 575,000 shares of the Companys common stock at the Exercise Price, subject to performance-based vesting conditions.
- In addition, the Board granted Mr. Martin an option (the Performance-Based Option) to purchase 575,000 shares of the Companys common stock at the Exercise Price, subject to performance-based vesting conditions.
- The Performance-Based Option will not vest prior to the one-year anniversary of the Grant Date.
- Both stock options were granted as an inducement material to Mr. Martin entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
- Radius is a science-driven fully integrated biopharmaceutical company that is committed to developing and commercializing innovative endocrine therapeutics.