Schrödinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
Schrödinger (SDGR) has granted restricted stock units (RSUs) for 2,785 shares to four new employees as inducement awards. The grants, made under the company's 2021 Inducement Equity Incentive Plan, were approved by the compensation committee and comply with Nasdaq Listing Rule 5635(c)(4). The RSUs follow a four-year vesting schedule, with 25% vesting after 12 months of continuous service and the remaining 75% vesting in equal yearly installments over the following three years.
Schrödinger (SDGR) ha concesso unità di azioni restritte (RSU) per 2.785 azioni a quattro nuovi dipendenti come premi di incentivazione. Le concessioni, effettuate nell'ambito del Piano di Incentivazione Azionaria 2021 dell'azienda, sono state approvate dal comitato per la remunerazione e sono conformi alla Regola di Quotazione di Nasdaq 5635(c)(4). Le RSU seguono un piano di vesting di quattro anni, con il 25% che matura dopo 12 mesi di servizio continuativo e il restante 75% che matura in rate annuali uguali nei successivi tre anni.
Schrödinger (SDGR) ha otorgado unidades de acciones restringidas (RSU) para 2,785 acciones a cuatro nuevos empleados como premios de inducción. Las concesiones, realizadas bajo el Plan de Incentivos de Capital por Inducción 2021 de la empresa, fueron aprobadas por el comité de compensación y cumplen con la Regla de Cotización 5635(c)(4) de Nasdaq. Las RSU siguen un cronograma de adquisición de cuatro años, con el 25% adquiriéndose después de 12 meses de servicio continuo y el 75% restante adquiriéndose en cuotas anuales iguales durante los tres años siguientes.
슈뢰딩거 (SDGR)는 네 명의 신입 직원에게 유도 보상으로 2,785주에 대한 제한 주식 단위(RSU)를 부여했습니다. 이 보상은 회사의 2021 유도 자본 인센티브 계획에 따라 이루어졌으며, 보상 위원회에서 승인되었고 나스닥 상장 규정 5635(c)(4)을 준수합니다. RSU는 4년의 베스팅 일정에 따라 진행되며, 연속 서비스 12개월 후에 25%가 베스팅되고 나머지 75%는 향후 3년 동안 연간 동일하게 분할 베스팅됩니다.
Schrödinger (SDGR) a accordé des unités d'actions restreintes (RSU) pour 2 785 actions à quatre nouveaux employés comme primes d'incitation. Les attributions, effectuées dans le cadre du plan d'incitation en actions 2021 de la société, ont été approuvées par le comité de rémunération et respectent la règle de cotation 5635(c)(4) de Nasdaq. Les RSU suivent un calendrier d'acquisition de quatre ans, avec 25 % acquis après 12 mois de service continu et les 75 % restants acquis en versements annuels égaux sur les trois années suivantes.
Schrödinger (SDGR) hat vier neuen Mitarbeitern eingeschränkte Aktieneinheiten (RSUs) für insgesamt 2.785 Aktien als Anreizpreise gewährt. Die Zuteilungen, die im Rahmen des Anreizkapitalplans 2021 des Unternehmens durchgeführt wurden, wurden vom Vergütungsausschuss genehmigt und entsprechen der Nasdaq-Listungsvorschrift 5635(c)(4). Die RSUs unterliegen einem vierjährigen Vesting-Plan, wobei 25 % nach 12-monatigem ununterbrochenem Dienst und die verbleibenden 75 % in gleichen jährlichen Raten über die folgenden drei Jahre fällig werden.
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The RSUs vest over four years, with 25 percent of such RSUs vesting when such employee completes 12 months of continuous service measured from the vesting commencement date, and the balance of the RSUs vesting in a series of successive equal yearly installments of 1/4 of the original number of RSUs upon each such employee’s completion of each additional year of service over the three-year period following the first anniversary of the vesting commencement date.
The inducement grants are subject to the terms and conditions of award agreements covering the grants and the company’s 2021 Inducement Equity Incentive Plan.
About Schrödinger
Schrödinger is transforming molecular discovery with its computational platform, which enables the discovery of novel, highly optimized molecules for drug development and materials design. Schrödinger’s software platform is built on more than 30 years of R&D investment and is licensed by biotechnology, pharmaceutical and industrial companies, and academic institutions around the world. Schrödinger also leverages the platform to advance a portfolio of collaborative and proprietary programs and is advancing three clinical-stage oncology programs. Founded in 1990, Schrödinger has approximately 900 employees operating from 15 locations globally. To learn more, visit www.schrodinger.com, follow us on LinkedIn, or visit our blog, Extrapolations.com
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Investor contact:
Allie Nicodemo
allie.nicodemo@schrodinger.com
Source: Schrödinger
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