GBT Announces New Employment Inducement Grants
Global Blood Therapeutics, Inc. (GBT)
NASDAQ:AMEX Investor Relations:
ir.globalbloodtx.com
Company Research
Source: GlobeNewswire
SOUTH SAN FRANCISCO, Calif., Jan. 08, 2020 (GLOBE NEWSWIRE) -- Global Blood Therapeutics, Inc. (GBT) (NASDAQ: GBT) today announced that on January 1, 2020, the compensation committee of GBT’s board of directors granted 7 new employees options to purchase an aggregate of 11,200 shares of the company’s common stock with a per share exercise price of $79.49 and restricted stock units for an aggregate of 24,900 shares of the company’s common stock. All of the above-described awards were made under the GBT’s Amended and Restated 2017 Inducement Equity Plan (the Plan). Pursuant to the Plan, the exercise price for the 11,200 shares of the Company’s common stock was the closing trading price on December 31, 2019, because there was no closing trading price on January 1, 2020. The above-described awards were each granted as an inducement material to the employees entering into employment with the company in accordance with NASDAQ Listing Rule 5635(c)(4), and were granted pursuant to the term
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