KalVista Pharmaceuticals Announces Inducement Stock Option Grants for New Employees Under Nasdaq Rule 5635(c)(4)

Reuters
2025/07/03
KalVista Pharmaceuticals Announces Inducement Stock Option Grants for New Employees Under Nasdaq Rule 5635(c)(4)

KalVista Pharmaceuticals, Inc. has announced the granting of inducement stock options to five newly-hired employees as part of their compensation package. These options allow the purchase of a total of 23,000 shares of the company's common stock, effective from July 1, 2025. The exercise price for these options is set at the closing price of KalVista's stock on the grant date. The vesting schedule includes one-fourth of the options becoming available one year from the vesting commencement date, with the remaining options vesting in equal monthly installments over the following three years, contingent upon continued employment. Each option has a 10-year term and adheres to the guidelines of KalVista's Inducement Equity Incentive Plan. These grants were made under Nasdaq Listing Rule 5635(c)(4).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kalvista Pharmaceuticals Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250702705900) on July 02, 2025, and is solely responsible for the information contained therein.

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