CAMP4 Grants 8,000 Options at $3.85 Exercise Price with Four-Year Vesting
On February 16, CAMP4 Therapeutics granted a new employee 8,000 non-qualified stock options at an exercise price of $3.85 per share under Nasdaq Listing Rule 5635(c)(4). The options vest over four years, with 25% vesting after one year and the remaining 75% vesting in 36 equal monthly installments.
1. Inducement Grant Details
On February 16, CAMP4’s Compensation Committee granted a newly hired employee a non-qualified stock option to purchase 8,000 shares at an exercise price of $3.85 per share as an inducement material to the employee’s entry into employment under Nasdaq Listing Rule 5635(c)(4).
2. Vesting Schedule
The option has a ten-year term and vests over four years, with 25% of the shares vesting on the one-year anniversary of employment and the remaining 75% vesting in 36 equal monthly installments, subject to continued service.