Achieve Life Sciences grants 1,190,000 stock options, 125,000 RSUs to new hires under inducement plan
ACHV•New-hire equity awards under inducement plan
Achieve Life Sciences granted new-hire inducement equity awards under its 2024 Equity Inducement Plan.
- Stock options cover 1,190,000 shares; exercise price set at the common stock closing price on the grant date.
- RSUs cover 125,000 shares for six new employees; each RSU converts into one common share on vesting.
- Options vest 25% after one year; the remaining 75% vests monthly over the next 36 months; term is four years.
- RSUs vest over four years, with 25% vesting on each anniversary of employment start.
