ESOPJul 31, 2026, 08:34 AM
Achieve Life Sciences Grants Equity Awards to 6 New Employees
AI Summary
Achieve Life Sciences, Inc. announced the approval of stock option grants for 1,190,000 shares and restricted stock unit (RSU) awards for 125,000 shares to six new employees. These awards were made under the company's 2024 Equity Inducement Plan as an incentive for their employment. The stock options vest over four years, with 25% after the first year and the remainder monthly, while RSUs also vest over four years, with 25% annually.
Key Highlights
- Approved stock option grants for 1,190,000 shares of common stock.
- Approved restricted stock unit (RSU) awards for 125,000 shares.
- Awards granted to six new employees as an inducement for employment.
- Grants made under Achieve’s 2024 Equity Inducement Plan.
- Stock options vest 25% after 1st year, then monthly over 3 years.
- RSU awards vest 25% annually over a four-year period.
Price Impact
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