Vaxart, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) [Yahoo! Finance]
Vaxart, Inc. (VXRT)
Last vaxart, inc. earnings: 3/19 04:01 pm
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Source: Yahoo! Finance
17, 2024, the Compensation Committee of the Board of Directors granted inducement equity awards covering an aggregate of 22,500 shares of its common stock to one new non-executive employee to induce him to accept employment with Vaxart. The awards made are as follows: (i) an option to purchase 15,000 shares of Vaxart's common stock, which vests as to 1/4th of the total shares on the one-year anniversary of the grant date of May 17, 2024, and as to 1/48th of the total shares on each month thereafter, and has a per share exercise price equal to the closing price of Vaxart's common stock on the grant date; and (ii) a restricted stock unit award covering 7,500 shares of Vaxart's common stock, which vests as to 25% of the shares underlying the award on the first, second, third and fourth anniversary of the grant date of May 17, 2024. The awards were granted under the Vaxart, Inc. 2024 Inducement Award Plan as an employment “inducement award” pursuant to Nasdaq Listing Rule 5635(c)(4).
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VXRT
Earnings
- 5/13/24 - Beat
VXRT
Sec Filings
- 6/20/24 - Form 8-K/A
- 6/20/24 - Form 4
- 6/18/24 - Form 8-K
- VXRT's page on the SEC website