ESOPAug 5, 2026, 04:03 PM
Syndax Grants Stock Options for 59,250 Shares to 5 New Employees
AI Summary
Syndax Pharmaceuticals announced that on August 1, 2026, it granted inducement awards to five new employees. These awards include options to purchase up to 59,250 shares of common stock under the Company's 2023 Inducement Plan. The stock options will vest over four years, with a 25% initial vesting on the one-year anniversary, followed by monthly vesting over the subsequent 36 months, contingent on continued employment.
Key Highlights
- Syndax Pharmaceuticals granted inducement awards to five new employees.
- Awards include options to purchase up to 59,250 shares of common stock.
- Stock options vest over four years, with 25% vesting on the one-year anniversary.
- Remaining shares vest monthly over 36 months thereafter.
Price Impact
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