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Stock impact report

CareDx Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

CareDx, Inc. (CDNA) 
Last caredx, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.caredxinc.com
Company Research Source: GlobeNewswire
BRISBANE, Calif., Sept. 11, 2019 (GLOBE NEWSWIRE) -- CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced that, as an inducement material to entering into employment with CareDx, on September 11, 2019, 53 new employees were awarded grants of stock options and restricted stock units (RSUs). The stock options and RSUs were granted pursuant to the Company’s 2019 Inducement Equity Incentive Plan, which was approved by the Compensation Committee of the Board of Directors in August 2019 under Nasdaq Listing Rule 5635(c)(4). The RSUs vest over four years with 25% of the RSUs vesting on the first anniversary of the applicable vesting commencement date, and the balance vesting annually thereafter in three equal installments, subject to continued service through each applicable vesting date. The stock op Show less Read more
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