ESOPApr 20, 2026, 04:07 PM
Geron Grants 855,000 Stock Options to 9 New Employees
AI Summary
Geron Corporation granted stock options for an aggregate of 855,000 shares of common stock to nine newly hired employees. These grants, effective April 17, 2026, serve as an inducement for their employment. The options have an exercise price of $1.68 per share, a ten-year term, and vest over four years, with an initial 12.5% vesting after six months.
Key Highlights
- Granted 855,000 stock options to 9 newly hired employees.
- Exercise price set at $1.68 per share, equal to closing price.
- Options have a ten-year term and vest over four years.
- 12.5% vests at six months, remaining over 42 months.
Price Impact
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