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Stock impact report

Marinus Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Marinus Pharmaceuticals, Inc. (MRNS) 
Last marinus pharmaceuticals, inc. earnings: 11/6 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.marinuspharma.com/investor-relations
Company Research Source: GlobeNewswire
RADNOR, Pa., June 16, 2020 (GLOBE NEWSWIRE) -- Marinus Pharmaceuticals, Inc. (Nasdaq: MRNS) (the “Company” or “Marinus”), a pharmaceutical company dedicated to the development of innovative therapeutics to treat rare seizure disorders, today announced the grant of an inducement award to a new employee. The Compensation Committee of the Board of Directors of Marinus granted Martha Manning, Esq., the Company’s new Vice President, General Counsel and Secretary, a non-qualified stock option to purchase an aggregate of 300,000 shares of its common stock as an inducement material to Ms. Manning entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The stock option grant has an exercise price of $2.52 per share, which is equal to the closing price of Marinus’ common stock on June 15, 2020, the date of grant for the stock option. The stock option will vest and become exercisable as to 25% of the underlying shares on the one-year anniversary of the dat Show less Read more
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