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Stock impact report

Kala Pharmaceuticals Reports Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)

Kala Pharmaceuticals, Inc (KALA)  More Company Research Source: Business Wire
Last kala pharmaceuticals, inc earnings: 8/6 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.kalarx.com
PDF WALTHAM, Mass.--(BUSINESS WIRE)-- Kala Pharmaceuticals, Inc. (NASDAQ:KALA), today announced that the Company granted non-statutory stock options to new employees as inducement awards outside the Company’s 2017 Equity Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The Company granted stock options to purchase up to an aggregate of 76,000 shares of Kala Pharmaceuticals common stock to twelve new employees. The stock options were granted on January 15, 2019. The grant was approved by the Compensation Committee and was made as an inducement material to each employee entering into employment with Kala Pharmaceuticals in accordance with NASDAQ Listing Rule 5635(c)(4). The option awards have an exercise price of $6.24 per share, the closing price of Kala Pharmaceuticals’ common stock on January 15, 2019. The options have a ten-year term and vest over four years, with 25% of the original numbe [Read more]
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