Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Listing Rule 5635(c)(4)
Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) today announced that as an inducement to entering into employment with the Company, on December 14, 2021, the Compensation Committee of the Companys Board of Directors approved inducement grants to 24 new employees under Rule 5635(c)(4) of the NASDAQ Listing Rules.
- Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) today announced that as an inducement to entering into employment with the Company, on December 14, 2021, the Compensation Committee of the Companys Board of Directors approved inducement grants to 24 new employees under Rule 5635(c)(4) of the NASDAQ Listing Rules.
- The grants entitle employees, in aggregate, to receive up to 87,000 restricted stock units.
- The grants are outside the Companys stockholder-approved equity incentive plans and vest annually over four years.
- Arrowhead Pharmaceuticals develops medicines that treat intractable diseases by silencing the genes that cause them.