ESOPMay 8, 2026, 04:08 PM
Ocular Therapeutix Grants 169,200 Equity Awards to New Hires
AI Summary
Ocular Therapeutix, Inc. announced the grant of inducement awards to twelve newly hired non-executive employees. These awards, made under the Company's 2019 Inducement Stock Incentive Plan, consist of non-statutory stock options to purchase 127,650 shares and restricted stock units representing 41,550 shares of common stock. The stock options have an exercise price of $9.71 per share and vest over four years, while the restricted stock units vest over three years.
Key Highlights
- Ocular Therapeutix granted inducement awards to 12 newly hired non-executive employees.
- Awards include non-statutory stock options for 127,650 shares of common stock.
- Awards also include restricted stock units for 41,550 shares of common stock.
- Total equity awards granted amount to 169,200 shares.
- Stock options have an exercise price of $9.71 per share.
- Stock options vest over four years, with 25% on the one-year anniversary.
- Restricted stock units vest over three years in equal annual installments.
Price Impact
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