TransMedics Grants Stock Options and RSUs to New Employees as Hiring Incentive
TransMedics Group Inc. has announced new compensation terms for 15 recently hired employees, granting a total of 27,582 non-qualified stock options and 18,299 restricted stock units. The stock options have an exercise price of $132.45 per share and will vest 25% on the first anniversary of employment, with the remaining shares vesting monthly over the following three years. The restricted stock units will vest 25% on each of the first four anniversaries of the employee's start date. Both the stock options and restricted stock units are subject to the terms of the company's Inducement Plan.
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