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0.0134529147982064 0.0134529147982064 0.0246636771300449 0.00448430493273553 0.00896860986547086 0.00448430493273553 -0.0130493273542599 0
Stock impact report

Protara Therapeutics, Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Protara Therapeutics, Inc. (TARA) 
Company Research Source: GlobeNewswire
NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Protara Therapeutics, Inc. (Nasdaq: TARA), a clinical stage company developing transformative therapies for the treatment of cancer and rare diseases, today announced the grant of inducement non-qualified stock options to purchase an aggregate of 118,400 shares of common stock to Lisa Schlesinger, Protara’s newly appointed Vice President, Head of New Product Development and Market Access. Each stock option has an exercise price per share equal to $2.23 per share, Protara’s closing trading price on June 24, 2024, the grant date, and will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the grant date and 1/36th of the underlying shares vesting monthly thereafter over 36 months subject to Ms. Schlesinger's continued service relationship with Protara through the applicable vesting dates. The independent members of Protara’s Board of Directors approved the award as an inducement material to M Show less Read more
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