ESOPJul 2, 2026, 09:31 PM
Milestone Pharmaceuticals Grants 288,000 Stock Options to New Employees
AI Summary
Milestone Pharmaceuticals Inc. announced the grant of 288,000 stock options to six new employees as a material inducement for their hiring. The options, granted on July 1, 2026, have an exercise price of $1.32 per share, equal to the closing price on the grant date. These awards were made under the Company's 2021 Inducement Plan and will vest over four years, with 25% vesting on the first anniversary and the remainder in 36 equal monthly installments.
Key Highlights
- Milestone Pharmaceuticals granted 288,000 options to purchase common shares.
- Options were granted on July 1, 2026, with an exercise price of $1.32 per share.
- Awards were made under the 2021 Inducement Plan for six new employees.
- Shares vest 25% after one year, then monthly over 36 months (total 4 years).
- Grant was an inducement for employees entering employment with Milestone.
Price Impact
More from MIST