Kezar Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
06 Maggio 2024 - 10:05PM
Business Wire
Kezar Life Sciences, Inc. (Nasdaq: KZR), a clinical-stage
biotechnology company developing novel small molecule therapeutics
to treat unmet needs in immune-mediated diseases and cancer, today
announced that the Compensation Committee of the company’s Board of
Directors granted two employees nonqualified stock options to
purchase 164,000 shares of its common stock with an exercise price
of $0.84 per share, which is equal to the closing price of Kezar’s
common stock on May 1, 2024, the grant date of the awards. The
stock options were granted as an inducement award material to the
individuals entering into employment with Kezar, in accordance with
Nasdaq Listing Rule 5635(c)(4).
The stock options will vest over a four-year period, with 25% of
each option vesting on the first anniversary of the employee’s
start date, and 1/48th of the total shares vesting monthly
thereafter, subject to continued employment on each vesting date.
The options are subject to the terms and conditions of Kezar’s 2022
Inducement Plan and the stock option agreement covering the
grants.
About Kezar Life Sciences
Kezar Life Sciences is a clinical-stage biopharmaceutical
company developing novel small molecule therapeutics to treat unmet
needs in immune-mediated diseases and cancer. Zetomipzomib, a
selective immunoproteasome inhibitor, is currently being evaluated
in a Phase 2b clinical trial for lupus nephritis and a Phase 2a
clinical trial for autoimmune hepatitis. This product candidate
also has the potential to address multiple chronic immune-mediated
diseases. Kezar’s oncology product candidate, KZR-261, targeting
the Sec61 translocon and protein secretion pathway, is being
evaluated in an open-label dose-escalation Phase 1 clinical trial
to assess safety, tolerability and preliminary tumor activity in
solid tumors. For more information, visit
www.kezarlifesciences.com, and follow us on LinkedIn, Facebook,
Twitter and Instagram.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240506103935/en/
Investor and Media Contact: Gitanjali Jain Vice President,
Investor Relations and External Affairs Kezar Life Sciences, Inc.
gjain@kezarbio.com
Grafico Azioni Kezar Life Sciences (NASDAQ:KZR)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Kezar Life Sciences (NASDAQ:KZR)
Storico
Da Dic 2023 a Dic 2024
