Twist Bioscience Corporation has granted a total of 139,569 equity awards to 41 recently hired employees as part of its Amended and Restated Inducement Equity Incentive Plan. The grants include 91,441 restricted stock units (RSUs) and up to 48,128 performance stock units (PSUs). The RSUs vest over a 48-month period, with 25% vesting after one year and the remainder vesting quarterly thereafter. The PSUs are tied to specific performance metrics to be achieved by the end of the 2027 fiscal year and can be earned at 50% to 140% of the target amount, depending on performance. Both RSUs and PSUs require continued employment through the applicable vesting dates.
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. Twist Bioscience Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251103252745) on November 03, 2025, and is solely responsible for the information contained therein.