Olema Pharmaceuticals Announces Inducement Grants for New Employees Under 2022 Stock Option Plan

Reuters
2025/08/05
Olema Pharmaceuticals Announces Inducement Grants for New Employees Under 2022 Stock Option Plan

SAN FRANCISCO, Aug. 04, 2025 - Olema Pharmaceuticals, Inc. ("Olema Oncology", Nasdaq: OLMA), a clinical-stage biopharmaceutical company, has announced the issuance of stock options to four new employees, allowing them to purchase a total of 130,000 shares of the company's common stock. Effective as of August 1, 2025, these stock options were sanctioned by Olema's Board of Directors' Compensation Committee as part of the 2022 Inducement Plan. The options, which have a 10-year term and an exercise price of $5.33 per share, vest over four years. This includes 25 percent vesting on the first anniversary of the commencement date, followed by monthly vesting over the next three years, contingent on ongoing employment with Olema. This move aligns with 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. Olema Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9505639-en) on August 04, 2025, and is solely responsible for the information contained therein.

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