Genmab grants employees 13,794 restricted stock units at DKK 2,268 per share
GMAB•Genmab granted employees 13,794 restricted stock units and 13,331 warrants. Both have an exercise or unit value of DKK 2,268 per share; the warrants have a Black-Scholes fair value of DKK 781.96 each.
1. Equity awards
Each restricted stock unit converts into one share and vests on the first banking day of the month following three years from grant, subject to plan conditions. The warrants vest three years from grant, expire after seven years and were issued under a board program dated February 23, 2021.
