Mirum Pharmaceuticals Grants Stock Options and RSUs to New Employees

Reuters12-11
Mirum Pharmaceuticals Grants Stock Options and RSUs to New Employees

Mirum Pharmaceuticals Inc. has granted inducement awards to eight new employees as part of its 2020 Inducement Plan. The awards include non-qualified stock options to purchase 15,820 shares of common stock at an exercise price of $64.67 per share, vesting over four years with 25% vesting after one year and the remainder vesting monthly over the following 36 months. Additionally, 7,840 restricted stock units (RSUs) have been granted, vesting in equal thirds over three years on each anniversary of the vesting commencement date. These awards are subject to continued service and the terms of the company's 2020 Inducement Plan and applicable award agreements.

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