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

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Akebia Therapeutics (AKBA) has granted stock options to one newly-hired employee as part of their employment inducement package. The grant, issued on December 31, 2024, consists of options to purchase 3,000 shares of Akebia's common stock at an exercise price of $1.90 per share, matching the closing price on the grant date.

The options feature a four-year vesting schedule, with 25% vesting after the first 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 terms. This grant was made in accordance with Nasdaq Listing Rule 5635(c)(4).

Akebia Therapeutics (AKBA) ha concesso opzioni su azioni a un nuovo dipendente come parte del pacchetto di incentivi all'assunzione. La concessione, emessa il 31 dicembre 2024, consiste in opzioni per acquistare 3.000 azioni comuni di Akebia a un prezzo di esercizio di 1,90 dollari per azione, corrispondente al prezzo di chiusura della data di concessione.

Le opzioni presentano un programma di maturazione di quattro anni, con il 25% che matura dopo il primo anno e il restante 75% che matura trimestralmente successivamente, a condizione che il dipendente rimanga in servizio. Le opzioni hanno un termine di 10 anni e sono soggette ai termini del programma di premi di incentivo di Akebia. Questa concessione è stata effettuata in conformità con Nasdaq Listing Rule 5635(c)(4).

Akebia Therapeutics (AKBA) ha otorgado opciones sobre acciones a un nuevo empleado como parte de su paquete de incentivos de empleo. La concesión, emitida el 31 de diciembre de 2024, consiste en opciones para adquirir 3,000 acciones ordinarias de Akebia a un precio de ejercicio de $1.90 por acción, coincidiendo con el precio de cierre en la fecha de concesión.

Las opciones cuentan con un cronograma de adquisición de cuatro años, siendo el 25% adquirible después del primer año y el 75% restante adquirible trimestralmente a partir de entonces, condicionado a la continuidad del empleo. Las opciones tienen un plazo de 10 años y están sujetas a los términos del programa de premios por incentivo de Akebia. Esta concesión se realizó de conformidad con Nasdaq Listing Rule 5635(c)(4).

Akebia Therapeutics (AKBA)는 새로 고용된 직원에게 고용 유인을 위한 패키지의 일환으로 주식 옵션을 부여했습니다. 2024년 12월 31일에 발행된 이 부여는 Akebia의 보통 주식을 1.90달러의 행사 가격으로 3,000주 구매할 수 있는 옵션으로 구성되어 있으며, 이는 부여 날짜의 종가와 일치합니다.

옵션은 4년의 베스팅 일정을 특징으로 하며, 첫 해 후 25%가 베스트되고, 이후에는 나머지 75%가 분기별로 베스트됩니다. 이는 지속적인 고용을 조건으로 합니다. 옵션은 10년의 기간을 가지며 Akebia의 유인 수여 프로그램의 조건에 적용됩니다. 이 부여는 Nasdaq Listing Rule 5635(c)(4)에 따라 이루어졌습니다.

Akebia Therapeutics (AKBA) a accordé des options d'achat d'actions à un nouvel employé dans le cadre de son package d'incitation à l'embauche. La concession, émise le 31 décembre 2024, consiste en des options permettant d'acheter 3 000 actions ordinaires d'Akebia à un prix d'exercice de 1,90 $ par action, correspondant au prix de clôture du jour de la concession.

Les options comprennent un calendrier d'acquisition de quatre ans, avec 25 % devenant acquis après la première année et les 75 % restants devenant acquis par trimestre par la suite, sous réserve de la continuation de l'emploi. Les options ont un terme de 10 ans et sont soumises aux conditions du programme de récompense d'incitation d'Akebia. Cette concession a été faite conformément à Nasdaq Listing Rule 5635(c)(4).

Akebia Therapeutics (AKBA) hat einem neu eingestellten Mitarbeiter Optionen auf Aktien im Rahmen eines Anreizpakets gewährt. Die Gewährung, die am 31. Dezember 2024 ausgestellt wurde, besteht aus Optionen zum Kauf von 3.000 Aktien von Akebias Stammaktien zu einem Ausübungspreis von 1,90 $ pro Aktie, der dem Schlusskurs am Grant-Datum entspricht.

Die Optionen verfügen über einen Vesting-Zeitplan von vier Jahren, wobei 25 % nach dem ersten Jahr und die verbleibenden 75 % anschließend vierteljährlich fällig werden, sofern die Anstellung fortgesetzt wird. Die Optionen haben eine Laufzeit von 10 Jahren und unterliegen den Bedingungen des Anreizvergabprogramms von Akebia. Diese Gewährung erfolgte gemäß Nasdaq Listing Rule 5635(c)(4).

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CAMBRIDGE, Mass., Jan. 2, 2025 /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 3,000 shares of Akebia's common stock on December 31, 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 $1.90 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

What are the terms of Akebia Therapeutics' (AKBA) December 2024 stock option grant?

The stock option grant includes 3,000 shares at $1.90 per share, vesting over 4 years with 25% vesting after year one and 75% vesting quarterly thereafter, with a 10-year term.

What is the exercise price for AKBA's December 2024 inducement stock options?

The exercise price for the inducement stock options is $1.90 per share, equal to AKBA's closing stock price on December 31, 2024.

How many employees received AKBA stock options in the December 2024 inducement grant?

One newly-hired employee received stock options in the December 2024 inducement grant.

What is the vesting schedule for AKBA's December 2024 inducement stock options?

The options vest over 4 years, with 25% vesting after the first year and the remaining 75% vesting quarterly thereafter, subject to continued employment.

Akebia Therapeutics, Inc.

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