Vor Bio grants stock options and restricted stock units to two new employees
VOR•Vor Bio granted options to purchase 24,650 shares and restricted stock units covering 5,300 shares to two new employees on Nov. 1 under its 2023 Inducement Plan.
1. Awards and vesting
The options have a 10-year term. Both awards vest over four years, with 25% vesting after 12 months, subject to continued employment. The remaining options vest monthly and the remaining restricted stock units quarterly over the following 36 months.
