PTC Therapeutics Inc. has announced new equity awards for 48 recently hired employees, including non-statutory stock options to purchase a total of 19,475 shares and 39,060 restricted stock units (RSUs). The stock options have an exercise price of $58.99 per share and vest over four years, with 25% vesting after one year and the remainder vesting in equal quarterly installments. The RSUs will also vest over four years, with 25% vesting on each anniversary of the employee's start date.
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