CareDx Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
14 Settembre 2024 - 2:33AM
Business Wire
CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ — a
leading precision medicine company focused on the discovery,
development, and commercialization of clinically differentiated,
high-value healthcare solutions for transplant patients and
caregivers — today announced that, as an inducement material to
entering into employment with CareDx, on September 12, 2024, 14 new
employees were awarded restricted stock units (RSUs) for an
aggregate of 44,000 shares of common stock. The RSUs were granted
pursuant to the Company’s 2019 Inducement Equity Incentive Plan,
which was approved by the Compensation Committee of the Board of
Directors in August 2019 under Nasdaq Listing Rule 5635(c)(4).
RSUs for an aggregate of 9,000 shares vest over four years, with
25% of the RSUs vesting on the first anniversary of the applicable
vesting commencement date, and the balance vesting annually
thereafter in three equal installments, subject to the grantee’s
continued service through each applicable vesting date. RSUs for an
aggregate of 14,000 shares vest over four years, with 25% of the
RSUs vesting on the first anniversary of the applicable vesting
commencement date, and the balance vesting quarterly over three
years thereafter, subject to the grantee’s continued service
through each applicable vesting date. RSUs for an aggregate of
18,000 shares vest over three years, with 33.33% of the RSUs
vesting on the first anniversary of the applicable vesting
commencement date, and the balance vesting quarterly over two years
thereafter, subject to the grantee’s continued service through each
applicable vesting date. RSUs for 2,000 shares vest over two years,
with 50% of the RSUs vesting on each of the first two anniversaries
of the applicable vesting commencement date, subject to the
grantee’s continued service through each applicable vesting date.
RSUs for 1,000 shares vest over two years, with 50% of the RSUs
vesting on the first anniversary of the applicable vesting
commencement date, and the balancing vesting quarterly over the
following year thereafter, subject to the grantee’s continued
service each applicable vesting date.
CareDx is providing this information in accordance with Nasdaq
Listing Rule 5635(c)(4).
About CareDx – The Transplant Company
CareDx, Inc., headquartered in Brisbane, California, is a
leading precision medicine solutions company focused on the
discovery, development, and commercialization of clinically
differentiated, high-value healthcare solutions for transplant
patients and caregivers. CareDx offers testing services, products,
and digital healthcare solutions along the pre- and post-transplant
patient journey and is the leading provider of genomics-based
information for transplant patients. For more information, please
visit: www.CareDx.com.
Forward Looking Statements
This press release includes forward-looking statements related
to CareDx, Inc., including statements regarding the equity grants.
These forward-looking statements are based upon information that is
currently available to CareDx and its current expectations, speak
only as of the date hereof, and are subject to risks and
uncertainties that could cause actual results to differ materially
from those projected, including general economic and market
factors; and other risks discussed in CareDx’s filings with the
SEC, including the Annual Report on Form 10-K for the fiscal year
ended December 31, 2023 filed by CareDx with the SEC on February
28, 2024, the Quarterly Report on Form 10-Q for the fiscal quarter
ended March 31, 2024 filed by CareDx with the SEC on May 9, 2024
and the Quarterly Report on Form 10-Q for the fiscal quarter ended
June 30, 2024 filed by CareDx with the SEC on July 31, 2024, and
other reports that CareDx has filed with the SEC. Any of these may
cause CareDx’s actual results, performance, or achievements to
differ materially and adversely from those anticipated or implied
by CareDx’s forward-looking statements. CareDx expressly disclaims
any obligation, except as required by law, or undertaking to update
or revise any such forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240913883690/en/
CareDx, Inc. Media Relations Anna Czene 818-731-2203
aczene@caredx.com
Investor Relations Greg Chodaczek investor@caredx.com
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