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Stock impact report

NanoString Reports Inducement Grant Under NASDAQ Listing Rules

NanoString Technologies, Inc. (NSTG) 
Last nanostring technologies, inc. earnings: 2/26 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.nanostring.com
Company Research Source: Business Wire
SEATTLE--(BUSINESS WIRE)--NanoString Technologies, Inc. (NASDAQ:NSTG), a provider of life science tools for translational research and molecular diagnostic products, today reported, as required by NASDAQ Stock Market Rules, an equity inducement award to Mark Winham, the Company’s new Senior Vice President, Operations.In accordance with NASDAQ Listing Rule 5635(c)(4), NanoString's Board of Directors approved the grant of the following equity award to Mr. Winham as a material inducement to Mr. Winham entering into employment with NanoString: effective as of the date his employment with NanoString began, a stock option to purchase 50,000 shares of the company's common stock. The stock option has an exercise price per share equal to the fair market value of the company's common stock on Mr. Winham's start date and has a maximum term of 10 years. Mr. Winham's employment with the company began on October 2, 2019.The stock option is scheduled to vest over a period of four years, with 25% Show less Read more
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