Terns Pharmaceuticals Reports Inducement Grants to New Employees Under Nasdaq Listing Rule 5635(C)(4)
Terns Pharmaceuticals, a clinical-stage oncology company, announced the granting of 23,316 restricted stock units to three new employees as inducement awards approved by the Compensation Committee, in compliance with Nasdaq Listing Rule 5635(c)(4). The RSUs vest over four years contingent on continued employment.