{"id":511452,"date":"2021-07-09T16:08:05","date_gmt":"2021-07-09T20:08:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nabriva-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-3\/"},"modified":"2021-07-09T16:08:05","modified_gmt":"2021-07-09T20:08:05","slug":"nabriva-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nabriva-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-3\/","title":{"rendered":"Nabriva Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">DUBLIN, Ireland, July  09, 2021  (GLOBE NEWSWIRE) &#8212; Nabriva Therapeutics plc (NASDAQ: NBRV), a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective agents to treat serious infections, today announced that it has granted non-statutory stock options to purchase an aggregate of 2,250 ordinary shares of Nabriva Therapeutics as an inducement to a newly-hired employee. These grants were\u00a0awarded pursuant to the Nasdaq inducement grant exception as a component of new hire employment compensation.<\/p>\n<p align=\"justify\">The stock options were granted effective June 30, 2021 with an exercise price of $1.35 per share, which is equal to the closing price of Nabriva Therapeutics\u2019s ordinary shares on the date of grant. Each stock option granted has a 10-year term and vests over four years, with 25% of the original number of shares vesting on the annual anniversary of the grant date until fully vested, subject to the employee&#8217;s continued service with the Company through the applicable vesting dates. The stock option awards were approved by Nabriva Therapeutics\u2019 Compensation Committee and were granted as an inducement material to each employee\u2019s acceptance of employment in accordance with Nasdaq Listing Rule 5635(c)(4). Each of the stock options is subject to the terms and conditions of a stock option agreement covering the grant and Nabriva Therapeutics\u2019 2021 Inducement Share Incentive Plan.<\/p>\n<p align=\"justify\">\n        <strong>About Nabriva Therapeutics plc <\/strong><br \/>\n        <br \/>Nabriva Therapeutics\u00a0is a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective agents to treat serious infections.\u00a0Nabriva Therapeutics\u00a0received\u00a0U.S. Food and Drug Administration\u00a0approval for XENLETA\u00ae (lefamulin injection, lefamulin tablets), the first systemic pleuromutilin antibiotic for community-acquired bacterial pneumonia (CABP).\u00a0Nabriva Therapeutics\u00a0is also developing CONTEPO\u2122 (fosfomycin) for injection, a potential first-in-class epoxide antibiotic for complicated urinary tract infections (cUTI), including acute pyelonephritis. Nabriva entered into an exclusive agreement with subsidiaries of Merck &amp; Co. Inc.,\u00a0Kenilworth, N.J., USA to market, sell and distribute SIVEXTRO\u00ae (tedizolid phosphate) in\u00a0the United States\u00a0and certain of its territories.<\/p>\n<p align=\"justify\">CONTACTS:<\/p>\n<p align=\"justify\">\n        <strong>For Investors<\/strong><br \/>\n        <br \/>Kim Anderson<br \/>Nabriva Therapeutics plc<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fxsSXBXyP6boY6Pe40G3ZJxsYHciyVLr8c2W0l4Ej3ewNF7wJRnwXPQ1iYI1aZFzbFpT355kPHX1snW7_La04A==\" rel=\"nofollow noopener\" target=\"_blank\">ir@nabriva.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>For Media<\/strong><br \/>\n        <br \/>Andrea Greif<br \/>Ogilvy<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xmgRB0OKJ3ZSU1Zpsx7ht3KKlT3bh738NofYBcii4BfVSj62pqyNImFpE06303wS9-QKHUnzWre7esm7h9lEywGonXYb1rdTTkfryd_9HaY=\" rel=\"nofollow noopener\" target=\"_blank\">andrea.greif@ogilvy.com<\/a><br \/>914-772-3027<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3Nzk4MCM0Mjc4MTIxIzIwMjg0NzI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/a6479d52-b814-47c7-a573-8e6747ae997f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>DUBLIN, Ireland, July 09, 2021 (GLOBE NEWSWIRE) &#8212; Nabriva Therapeutics plc (NASDAQ: NBRV), a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective agents to treat serious infections, today announced that it has granted non-statutory stock options to purchase an aggregate of 2,250 ordinary shares of Nabriva Therapeutics as an inducement to a newly-hired employee. These grants were\u00a0awarded pursuant to the Nasdaq inducement grant exception as a component of new hire employment compensation. The stock options were granted effective June 30, 2021 with an exercise price of $1.35 per share, which is equal to the closing price of Nabriva Therapeutics\u2019s ordinary shares on the date of grant. Each stock option granted has a 10-year term and vests over &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nabriva-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nabriva Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-511452","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nabriva Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nabriva-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nabriva Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DUBLIN, Ireland, July 09, 2021 (GLOBE NEWSWIRE) &#8212; Nabriva Therapeutics plc (NASDAQ: NBRV), a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective agents to treat serious infections, today announced that it has granted non-statutory stock options to purchase an aggregate of 2,250 ordinary shares of Nabriva Therapeutics as an inducement to a newly-hired employee. These grants were\u00a0awarded pursuant to the Nasdaq inducement grant exception as a component of new hire employment compensation. The stock options were granted effective June 30, 2021 with an exercise price of $1.35 per share, which is equal to the closing price of Nabriva Therapeutics\u2019s ordinary shares on the date of grant. 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