Madrigal Pharmaceuticals Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).
- The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).
- The equity awards were granted as inducement material to the employees’ acceptance of employment with the company.
- All restricted stock units granted vest in a 25% increment on each of the first through fourth anniversaries of the grant date.
- The vesting of all awards described above shall be subject to each such employee’s continued employment as of the vesting date.