One fine day, around 12-18 months after a baby is born, parents get to experience the utmost joy of hearing their child's first word. But Mahita Jarjapu's parents had to wait longer than usual to hear their daughter speak, all the while anxious .
Insmed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
News provided by
Share this article
Share this article
BRIDGEWATER, N.J., April 7, 2021 /PRNewswire/ Insmed Incorporated (Nasdaq:INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, today announced the granting of inducement awards to eight new employees. In accordance with NASDAQ Listing Rule 5635(c)(4), the awards were approved by Insmed s Compensation Committee and made as a material inducement to each employee s entry into employment with the Company.
In connection with the commencement of their employment, the employees received options on April 1, 2021 to purchase an aggregate 247,850 shares of Insmed common stock at an exercise price of $35.44 per share, the closing trading price on the Nasdaq Global Select Market on the date of grant.