Optimer Pharma (OPTR) Discloses 12,080 RSU Inducement Award
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Optimer Pharmaceuticals, Inc. (NASDAQ: OPTR) announced today that on December 21, 2012 the Inducement Grant Sub-committee of the Compensation, Nominating, and Corporate Governance Committee of its Board of Directors approved the grant of inducement restricted stock units covering an aggregate of 12,080 shares of common stock to 6 new employees.
Each restricted stock unit vests over three years, with one-third of the shares vesting on the first, second, and third anniversary of the applicable vesting commencement date, subject to the new employee's continued service relationship with the Company. Each restricted stock unit is subject to the terms and conditions of the Company's 2012 Equity Incentive Plan and the restricted stock unit agreement pursuant to which the award was granted.
The restricted stock units were granted as inducements material to the new employees entering into employment with Optimer in accordance with NASDAQ Listing Rule 5635(c)(4).
Each restricted stock unit vests over three years, with one-third of the shares vesting on the first, second, and third anniversary of the applicable vesting commencement date, subject to the new employee's continued service relationship with the Company. Each restricted stock unit is subject to the terms and conditions of the Company's 2012 Equity Incentive Plan and the restricted stock unit agreement pursuant to which the award was granted.
The restricted stock units were granted as inducements material to the new employees entering into employment with Optimer in accordance with NASDAQ Listing Rule 5635(c)(4).
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