LANGHORNE, PA — Savara Inc. (Nasdaq: SVRA) has announced the grant of inducement equity awards to five new employees as part of its strategy to attract top talent to the organization. These awards were issued on February 12, 2025, under the company’s 2021 Inducement Equity Incentive Plan.
The inducement package includes options to purchase a total of 97,500 shares of Savara’s common stock and restricted stock units (RSUs) covering 82,500 shares. The stock options carry an exercise price of $2.75 per share, matching the company’s closing stock price on the NASDAQ Global Market at the time of the grant. Each option has a 10-year term, with vesting structured in installments—1/16th of the shares will vest quarterly, aligned with the employees’ anniversaries of their start date, contingent on ongoing employment.
RSUs granted to the new hires will fully vest on the two-year anniversary of their employment start date, provided they remain employed with the company at that time. These equity incentives were extended under Rule 5635(c)(4) of the NASDAQ Listing Rules, recognizing their role in encouraging new talent to join and grow with the organization.
By granting these awards, Savara spotlights its effort to strengthen its team as it continues advancing its corporate objectives. With these new hires and incentives, the company positions itself for further growth and success in its strategic goals.
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