Intellia Therapeutics Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
04 Marzo 2025 - 10:01PM
Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading clinical-stage
gene editing company focused on revolutionizing medicine with
CRISPR-based therapies, today announced that on March 1, 2025, it
awarded an inducement grant to eleven new employees under
Intellia’s 2024 Inducement Plan as a material inducement to
employment.
The inducement grant consisted of time-based restricted stock
units (“RSUs”) for 32,600 shares of Intellia’s common stock, with
one-third of such RSUs vesting on March 1, 2026, 2027 and 2028.
All equity vesting is subject to each employee’s continued
service as an employee of, or other service provider to, Intellia
through the applicable vesting dates.
All of the above-described awards were granted outside of
Intellia’s stockholder-approved equity incentive plans pursuant to
Intellia’s 2024 Inducement Plan, which was adopted by the board of
directors in June 2024. These awards were approved by Intellia’s
compensation committee as a material inducement to entering into
employment with Intellia in accordance with Nasdaq Listing Rule
5635(c)(4).
About Intellia Therapeutics
Intellia Therapeutics, Inc. (NASDAQ:NTLA) is a leading
clinical-stage gene editing company focused on revolutionizing
medicine with CRISPR-based therapies. Since its inception, Intellia
has focused on leveraging gene editing technology to develop novel,
first-in-class medicines that address important unmet medical needs
and advance the treatment paradigm for patients. Intellia’s deep
scientific, technical and clinical development experience, along
with its people, is helping set the standard for a new class of
medicine. To harness the full potential of gene editing, Intellia
continues to expand the capabilities of its CRISPR-based platform
with novel editing and delivery technologies. Learn more
at intelliatx.com and follow us @intelliatx.
Intellia Contacts:
Investors:
Brittany ChavesSenior Manager, Investor
Relationsbrittany.chaves@intelliatx.com
This press release was published by a CLEAR® Verified
individual.
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