ESOPMay 21, 2026, 04:07 PM
Outset Medical Grants 45,000 RSUs to Two New Employees
AI Summary
Outset Medical, Inc. announced that its Compensation Committee approved equity awards totaling 45,000 restricted stock units (RSUs) to two newly appointed non-executive employees. These awards were granted as a material inducement to employment under the Company's Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs will vest over a three-year period.
Key Highlights
- Outset Medical granted 45,000 restricted stock units (RSUs).
- Awards were given to two newly appointed non-executive employees.
- Granted as a material inducement to employment.
- Approved under the Company's Inducement Plan.
- Vesting occurs over a three-year period.
- 33.33% vests on the one-year anniversary of the start date.
- Remaining 66.67% vests in quarterly installments thereafter.
- Approved per Nasdaq Listing Rule 5635(c)(4).
Price Impact
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