MALVERN, PA — TELA Bio, Inc. (NASDAQ: TELA) has announced the recent approval of inducement grants consisting of restricted stock units (RSUs) to six newly hired employees. The Compensation Committee of TELA Bio’s Board of Directors authorized these grants, covering a total of 5,400 shares of the company’s common stock. The decision was made as part of the company’s strategy to attract and retain talent, with the grants serving as a significant component of the new employees’ compensation packages.
These RSUs were granted under the Nasdaq Rule 5635(c)(4) inducement grant exception, emphasizing their role in encouraging new hires to join the company. Each grant will vest in equal annual installments over a period of four years, contingent upon the employees’ continued service with TELA Bio through the respective vesting dates.
This initiative highlights TELA Bio’s efforts to strengthen its workforce by offering competitive incentives that align with the company’s long-term goals and growth strategies.
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