Savara Announces New Employment Inducement Grant
Key Highlights
- ➤Savara granted inducement awards to seven new employees.
- ➤Awards include options for 20,500 shares at $4.92 exercise price.
- ➤Restricted stock units cover 38,500 shares and vest after two years.
- ➤Performance stock units cover 8,000 shares and vest upon quarterly revenue target achievement.
Savara Inc. (Nasdaq: SVRA), a clinical stage biopharmaceutical company focused on rare respiratory diseases, today announced the grant of inducement awards to new employees.
On November 10, 2026, the Compensation Committee of Savara's Board of Directors granted the inducement awards to seven new employees who recently joined the Company. The inducement awards consist of options to purchase 20,500 shares of the Company’s common stock, restricted stock units (RSUs) covering 38,500 shares of the Company’s common stock, and performance stock units (PSUs) covering 8,000 shares of the Company’s common stock. These equity awards were granted under the Savara Inc. 2021 Inducement Equity Incentive Plan pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules as an inducement material to the employees’ acceptance of employment with the Company.
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