Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for fast food industry professionals · Friday, March 29, 2024 · 699,697,465 Articles · 3+ Million Readers

Radius Health Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

WALTHAM, Mass., July 16, 2018 (GLOBE NEWSWIRE) -- Radius Health, Inc. (“Radius” or the “Company”) (Nasdaq:RDUS) today announced that the Compensation Committee of the Company’s Board of Directors granted Chhaya Shah, in connection with her appointment as the Company’s Senior Vice President, Technical Operations, an option to purchase 60,000 shares of the Company’s common stock with a per share exercise price of $28.74, the closing trading price of the Company’s common stock on the NASDAQ Global Market on the grant date of July 16, 2018.  The stock option vests 25% on the first anniversary of the grant date, with the remaining 75% to vest in monthly installments over the three years thereafter, subject to continued service with the Company through the applicable vesting dates, and has a ten-year term.  The stock option was granted as an inducement material to Ms. Shah entering into employment with the Company in accordance with NASDAQ Listing Rule 5635(c)(4).

About Radius

Radius is a science-driven fully integrated biopharmaceutical company that is committed to developing and commercializing innovative endocrine therapeutics in the areas of osteoporosis and oncology. For more information, please visit www.radiuspharm.com.

Investor & Media Relations Contact:

Elhan Webb, CFA
Email: ewebb@radiuspharm.com 
Phone: 617-551-4011

Primary Logo

Powered by EIN News
Distribution channels: Healthcare & Pharmaceuticals Industry


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release