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Sage Therapeutics Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

SAGE THERAPEUTICS (SAGE)  More Company Research Source: Business Wire
Last sage therapeutics earnings: 2/22 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.sagerx.com/investor-relations
PDF CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Sage Therapeutics (NASDAQ: SAGE), a clinical-stage biopharmaceutical company developing novel medicines to treat life-altering central nervous system (CNS) disorders, announced that, on November 1, 2017, the Compensation Committee of Sage’s Board of Directors granted a non-qualified stock option to purchase 6,000 shares of its common stock to one new employee under Sage’s 2016 Inducement Equity Plan. The 2016 Inducement Equity Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Sage (or following a bona fide period of non-employment), as an inducement material to such individual's entering into employment with Sage, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules. The granted option has an exercise price of $61.83 per share, which is equal to the closing price of Sage’s c [Read more]

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