Ocular Therapeutix™ Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Key Highlights
- ➤Ocular Therapeutix granted inducement awards to 15 newly hired employees
- ➤Stock options cover 70,150 shares at a $7.25 exercise price
- ➤Restricted stock units represent 22,900 shares vesting over three years
- ➤Options vest over four years and carry ten-year terms
BEDFORD, Mass., Oct. 09, 2026 (GLOBE NEWSWIRE) -- Ocular Therapeutix, Inc. (NASDAQ: OCUL, “Ocular” or the “Company”), an integrated biopharmaceutical company committed to redefining the retina experience, today announced that it has granted inducement equity awards to fifteen newly hired non-executive employees. The awards were made as an inducement material to each recipient’s acceptance of employment with Ocular under Ocular’s 2019 Inducement Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4).
The inducement equity awards were granted effective as of October 5, 2026, and consist of non-statutory stock option awards to purchase up to an aggregate of 70,150 shares of Ocular’s common stock and restricted stock unit awards representing the right to receive an aggregate of 22,900 shares of Ocular’s common stock. The stock option awards have an exercise price of $7.25 per share, equal to the closing price of Ocular’s common stock on The Nasdaq Global Market on the effective date of grant. Each of the stock option awards has a ten-year term and vests over four years, with 25% of the original number of shares for each award vesting on the one-year anniversary of the applicable recipient’s commencement of employment, and the remainder vesting in equal monthly installments over the three years after such date, subject to the recipient’s continued service to Ocular through the applicable vesting dates. Each of the restricted stock unit awards vests over three years, in equal annual installments on the first, second and third anniversaries of the date of grant, subject to the recipient’s continued service to Ocular through the applicable vesting dates.
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