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Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

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Akebia Therapeutics (Nasdaq: AKBA), a biopharmaceutical company focused on kidney disease, has granted stock options to a newly-hired employee. The grant, made on August 30, 2024, includes options to purchase 4,000 shares of Akebia's common stock at an exercise price of $1.55 per share, matching the closing price on the grant date. These options were awarded as an inducement for employment and comply with Nasdaq Listing Rule 5635(c)(4).

The stock options have a four-year vesting schedule, with 25% vesting after one year and the remaining 75% vesting quarterly thereafter, contingent on continued employment. The options have a 10-year term and are subject to Akebia's inducement award program and a stock option agreement.

Akebia Therapeutics (Nasdaq: AKBA), un'azienda biotecnologica focalizzata sulle malattie renali, ha concesso opzioni su azioni a un nuovo dipendente assunto. La concessione, effettuata il 30 agosto 2024, include opzioni per acquistare 4.000 azioni del comune stock di Akebia a un prezzo di esercizio di 1,55 $ per azione, corrispondente al prezzo di chiusura nella data della concessione. Queste opzioni sono state assegnate come incoraggiamento per l'assunzione e sono conformi alla Nasdaq Listing Rule 5635(c)(4).

Le opzioni su azioni prevedono un programma di vesting di quattro anni, con il 25% che matura dopo un anno e il restante 75% che matura trimestralmente successivamente, a condizione di un impiego continuato. Le opzioni hanno un termine di 10 anni e sono soggette al programma di premi per incentivo di Akebia e a un accordo di opzione su azioni.

Akebia Therapeutics (Nasdaq: AKBA), una empresa biofarmacéutica centrada en enfermedades renales, ha otorgado opciones sobre acciones a un nuevo empleado contratado. El otorgamiento, realizado el 30 de agosto de 2024, incluye opciones para comprar 4,000 acciones de las acciones ordinarias de Akebia a un precio de ejercicio de $1.55 por acción, igualando el precio de cierre en la fecha de otorgamiento. Estas opciones se concedieron como un incentivo para el empleo y cumplen con la regla de listado 5635(c)(4) de Nasdaq.

Las opciones sobre acciones tienen un programa de adquisición de cuatro años, con el 25% que se adquiere después de un año y el 75% restante que se adquiere trimestralmente a partir de entonces, sujeto a la continuación del empleo. Las opciones tienen un plazo de 10 años y están sujetas al programa de incentivos de Akebia y a un acuerdo de opción sobre acciones.

Akebia Therapeutics (Nasdaq: AKBA)는 신장 질환에 중점을 둔 생명공학 회사로, 새로 채용된 직원에게 주식 옵션을 부여했습니다. 이 부여는 2024년 8월 30일에 이루어졌으며, Akebia의 보통주 4,000주주당 $1.55에 매입할 수 있는 옵션이 포함되어 있습니다. 이는 부여일의 종가에 해당합니다. 이 옵션은 고용 유도의 일환으로 부여되었으며, Nasdaq Listing Rule 5635(c)(4)을 준수합니다.

주식 옵션은 4년의 베스팅 일정을 가지고 있으며, 첫 해에 25%가 베스팅되고 이후 75%는 분기별로 베스팅되며, 계속 고용되는 조건입니다. 이 옵션은 10년의 기간을 가지고 있으며, Akebia의 유도 보상 프로그램 및 주식 옵션 계약의 적용을 받습니다.

Akebia Therapeutics (Nasdaq: AKBA), une entreprise biopharmaceutique axée sur les maladies rénales, a accordé des options d'achat d'actions à un nouvel employé. L'octroi, effectué le 30 août 2024, comprend des options pour acheter 4 000 actions de l'action ordinaire d'Akebia à un prix d'exercice de 1,55 $ par action, correspondant au prix de clôture à la date de l'octroi. Ces options ont été attribuées comme incitation à l'emploi et sont conformes à la règle 5635(c)(4) de Nasdaq.

Les options d'achat d'actions ont un plan d'acquisition de quatre ans, avec 25 % qui s'acquiert après un an et les 75 % restants qui s'acquièrent trimestriellement par la suite, sous réserve d'un emploi continu. Les options ont une durée de 10 ans et sont soumises au programme d'incitation d'Akebia et à un contrat d'option d'achat d'actions.

Akebia Therapeutics (Nasdaq: AKBA), ein biopharmazeutisches Unternehmen, das sich auf Nierenerkrankungen spezialisiert hat, hat Aktienoptionen an einen neu eingestellten Mitarbeiter gewährt. Die Gewährung, die am 30. August 2024 erfolgte, umfasst Optionen zum Erwerb von 4.000 Aktien des Stammkapitals von Akebia zu einem Preis von 1,55 $ pro Aktie, was dem Schlusskurs am Tag der Gewährung entspricht. Diese Optionen wurden als Anreiz für die Einstellung gewährt und entsprechen der Nasdaq Listing Rule 5635(c)(4).

Die Aktienoptionen haben einen Vesting-Zeitplan von vier Jahren, wobei 25% nach einem Jahr und die verbleibenden 75% vierteljährlich danach angehoben werden, abhängig von der Fortsetzung des Beschäftigungsverhältnisses. Die Optionen haben eine Laufzeit von 10 Jahren und unterliegen dem Anreizprogramm von Akebia sowie einem Aktienoptionsvertrag.

Positive
  • Akebia Therapeutics is attracting new talent with stock option incentives
  • The company is complying with Nasdaq listing rules for inducement grants
Negative
  • None.

CAMBRIDGE, Mass., Sept. 3, 2024 /PRNewswire/ -- Akebia Therapeutics®, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, granted one newly-hired employee options to purchase an aggregate of 4,000 shares of Akebia's common stock on August 30, 2024. The options were granted as an inducement material to the employee entering into employment with Akebia. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4).

The options have an exercise price of $1.55 per share, which is equal to the closing price of Akebia's common stock on the grant date. The stock options vest over four years, with 25% of the shares vesting on the first anniversary of the grant date and the remaining 75% of shares vesting quarterly thereafter, in each case, subject to the new employee's continued service with Akebia. Each stock option has a 10-year term and is subject to the terms and conditions of Akebia's inducement award program and a stock option agreement covering the grant.

About Akebia Therapeutics
Akebia Therapeutics, Inc. is a fully integrated biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease. Akebia was founded in 2007 and is headquartered in Cambridge, Massachusetts. For more information, please visit our website at www.akebia.com, which does not form a part of this release.

Akebia Therapeutics Contact
Mercedes Carrasco
mcarrasco@akebia.com 

 

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SOURCE Akebia Therapeutics, Inc.

FAQ

How many stock options did Akebia Therapeutics (AKBA) grant to the new employee on August 30, 2024?

Akebia Therapeutics granted options to purchase 4,000 shares of the company's common stock to a newly-hired employee on August 30, 2024.

What is the exercise price of the stock options granted by Akebia Therapeutics (AKBA) on August 30, 2024?

The exercise price of the stock options granted is $1.55 per share, which is equal to the closing price of Akebia's common stock on the grant date.

What is the vesting schedule for the stock options granted by Akebia Therapeutics (AKBA)?

The stock options vest over four years, with 25% of the shares vesting on the first anniversary of the grant date and the remaining 75% vesting quarterly thereafter, subject to the employee's continued service with Akebia.

Under which Nasdaq rule did Akebia Therapeutics (AKBA) grant these stock options?

Akebia Therapeutics granted these stock options in accordance with Nasdaq Listing Rule 5635(c)(4), which allows for inducement grants to new employees.

Akebia Therapeutics, Inc.

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