Company News
Neurogene announces inducement grants
Neurogene Inc. announced that the Compensation Committee of the Company’s Board of Directors approved the grant of non-qualified stock options to purchase an aggregate of 4,290 shares of the Company’s common stock to two new employees (the “Inducement Grants”) on July 3, 2025 (the “Grant Date”). The Inducement Grants have been granted pursuant to the Company’s 2025 Inducement Plan (the “Plan”). The Inducement Grants were granted as an inducement material to these individuals entering into employment with Neurogene in accordance with Nasdaq Listing Rule 5635(c)(4).
The Inducement Grants have an exercise price per share that is equal to the closing price of Neurogene’s common stock on the Grant Date. The Inducement Grants will vest over four years, with 25 percent vesting on the first anniversary of the vesting commencement date and thereafter in equal portions upon the lapse of each three-month period over the following 36-month period, subject to the employee’s continued employment with Neurogene through the applicable vesting dates.
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