ESOPJul 22, 2026, 04:03 PM
Geron Grants 202,500 Stock Options to 5 New Employees
AI Summary
Geron Corporation announced it granted stock options to purchase an aggregate of 202,500 shares of common stock to five newly hired employees. These inducement awards, effective July 17, 2026, have an exercise price of $1.44 per share, matching the closing price on the grant date. The options have a ten-year term and vest over four years, with an initial 12.5% vesting after six months and the remainder vesting monthly over the subsequent 42 months, subject to continued employment.
Key Highlights
- Geron granted 202,500 stock options to five newly hired employees.
- The options have an exercise price of $1.44 per share.
- The grant date for the options was July 17, 2026.
- Options have a ten-year term and vest over four years.
- 12.5% of shares vest on the six-month anniversary of employment.
- Remaining shares vest over 42 months in equal installments.
Price Impact
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