Vor Bio Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
The stock options have a ten-year term and an exercise price of $1.41 per share, which is equal to the closing price of Vor Bio's common stock on June 3, 2024. The options will vest over a four-year period, with 25% of the shares vesting after 12 months and the remaining shares vesting monthly over the following 36 months, subject to the employee's continued employment with Vor Bio on such vesting dates. The RSUs will vest over a four-year period, with 25% of the shares vesting after 12 months and the remai ...