Verastem Oncology Announces Stock Option Inducement Grants for New Employees Under Nasdaq Rule

Reuters2025-07-08

<a href="https://laohu8.com/S/VSTM">Verastem</a> Oncology Announces Stock Option Inducement Grants for New Employees Under Nasdaq Rule

Verastem Oncology, a biopharmaceutical company, announced the grant of stock options to purchase 45,000 shares of its common stock to four new employees. These stock options were granted under the Nasdaq inducement grant exception as part of the employees' compensation package upon joining the company. The stock options have an exercise price of $4.29 per share, based on the closing price on July 1, 2025. The vesting schedule for these options begins with twenty-five percent vesting on the one-year anniversary of the employee's hire date, with the remainder vesting quarterly over the next three years, contingent upon continued employment with Verastem Oncology.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verastem Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250708443632) on July 08, 2025, and is solely responsible for the information contained therein.

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