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0 -0.0254372019077902 -0.0254372019077902 -0.0174880763116058 0 0 -0.0143084260731321 -0.0111287758346582
Stock impact report

Annexon Reports Inducement Grant to New Employee Under Nasdaq Listing Rule 5635(c)(4)

Annexon, Inc. - common stock (ANNX) 
Company Research Source: GlobeNewswire
BRISBANE, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- Annexon, Inc. (Nasdaq: ANNX), a clinical-stage biopharmaceutical company developing a new class of complement-based medicines for people living with devastating inflammatory-related diseases, today announced that it has granted inducement to a new non-executive employee under the terms of the 2022 Employment Inducement Award Plan. The equity award was approved on March 15, 2024, in accordance with Nasdaq Listing Rule 5635(c)(4). The new non-executive employee received an option to purchase 3,500 shares of Annexon common stock. The option carries a ten-year term and an exercise price per share equal to $6.69, which was the closing price of Annexon’s common stock on March 15, 2024, the date of grant, and vests over 4 years, with 25% of the shares underlying the options vesting on the first anniversary of the grant date and an additional 1/48th of the shares vesting monthly thereafter, subject to continued service through the applic Show less Read more
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