Voyager Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
24 7월 2024 - 5:01AM
Voyager Therapeutics, Inc. (Nasdaq: VYGR), a biotechnology company
dedicated to advancing neurogenetic medicines, has entered into an
employment agreement with Eric Hall, Ph.D., M.B.A. that, among
other things, provides for the grant to Dr. Hall of a non-qualified
stock option and restricted stock units as an inducement material
to Dr. Hall’s entering into employment with Voyager. The inducement
awards were approved by the Compensation Committee of Voyager’s
Board of Directors in accordance with Nasdaq Stock Market Listing
Rule 5635(c)(4). The option award became effective on July 22,
2024, and the restricted stock unit award is scheduled to become
effective on October 1, 2024.
The stock option award to Dr. Hall provides for the purchase of
an aggregate of 36,000 shares of Voyager’s common stock, and the
restricted stock unit award to Dr. Hall will represent 18,000
shares of Voyager’s common stock. The stock option has a ten-year
term and an exercise price of $8.77 per share, which is equal to
the closing price of Voyager's common stock on July 22, 2024, the
effective date of grant. The stock option vests over four years,
with 25% of the shares underlying the stock option vesting on the
first anniversary of the effective date of grant and 75% of the
shares underlying the stock option vesting in 36 equal monthly
installments following the first anniversary of the effective date
of grant. The restricted stock unit award vests annually in equal
installments over three years, beginning on the first anniversary
of the effective date of grant. Vesting of Dr. Hall’s equity awards
is subject to Dr. Hall’s continued employment with Voyager. Each
equity award is also subject to the terms and conditions of an
award agreement.
About Voyager TherapeuticsVoyager Therapeutics,
Inc. (Nasdaq: VYGR) is a biotechnology company dedicated to
leveraging the power of human genetics to modify the course of –
and ultimately cure – neurological diseases. Our pipeline includes
programs for Alzheimer’s disease, amyotrophic lateral sclerosis
(ALS), Parkinson’s disease, and multiple other diseases of the
central nervous system. Many of our programs are derived from our
TRACER™ AAV capsid discovery platform, which we have used to
generate novel capsids and identify associated receptors to
potentially enable high brain penetration with genetic medicines
following intravenous dosing. Some of our programs are wholly
owned, and some are advancing with partners including Alexion,
AstraZeneca Rare Disease; Novartis Pharma AG; Neurocrine
Biosciences, Inc.; and Sangamo Therapeutics, Inc. For more
information, visit www.voyagertherapeutics.com.
Voyager Therapeutics® is a registered trademark, and TRACER™ is
a trademark, of Voyager Therapeutics, Inc.
ContactsTrista Morrison, NACD.DC,
tmorrison@vygr.com Investors: Adam Bero, Ph.D., abero@kendallir.com
Media: Brooke Shenkin, brooke@scientpr.com
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