{"id":512128,"date":"2021-07-12T20:32:06","date_gmt":"2021-07-13T00:32:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/coherus-biosciences-announces-new-employment-inducement-grants-2\/"},"modified":"2021-07-12T20:32:06","modified_gmt":"2021-07-13T00:32:06","slug":"coherus-biosciences-announces-new-employment-inducement-grants-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/coherus-biosciences-announces-new-employment-inducement-grants-2\/","title":{"rendered":"Coherus BioSciences Announces New Employment Inducement Grants"},"content":{"rendered":"
\n

REDWOOD CITY, Calif., July 12, 2021 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. (\u201cCoherus\u201d or the \u201cCompany\u201d, Nasdaq: CHRS), today announced that effective July 6, 2021, the compensation committee of the Company\u2019s board of directors granted options to purchase an aggregate of 221,500 shares of the common stock of the Company to newly hired employees with a per share exercise price of $13.63, the closing trading price on the grant date. A newly hired Vice President was granted options for 45,000 shares; fourteen additional non-officer employees were granted options to purchase an aggregate of 176,500 shares.<\/p>\n

The stock options were granted pursuant to the Coherus BioSciences, Inc. 2016 Employment Commencement Incentive Plan, which was approved by the Company\u2019s board of directors in June 2016 under Rule 5635(c)(4) of the Nasdaq Global Select Market for equity grants to induce new employees to enter into employment with the Company.<\/p>\n

\n About\u00a0Coherus BioSciences<\/strong>
\n
Coherus is a commercial stage biopharmaceutical company with the mission to increase access to cost-effective medicines that can have a major impact on patients\u2019 lives and to deliver significant savings to the health care system. For additional information, please visit\u00a0www.coherus.com<\/a>.<\/p>\n


\n
\n \n <\/div>\n

\n
Coherus BioSciences Contact Information:\r\n\r\nIR Contact\r\nMcDavid Stilwell\r\nCoherus BioSciences, Inc.\r\nmstilwell@coherus.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
REDWOOD CITY, Calif., July 12, 2021 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. (\u201cCoherus\u201d or the \u201cCompany\u201d, Nasdaq: CHRS), today announced that effective July 6, 2021, the compensation committee of the Company\u2019s board of directors granted options to purchase an aggregate of 221,500 shares of the common stock of the Company to newly hired employees with a per share exercise price of $13.63, the closing trading price on the grant date. A newly hired Vice President was granted options for 45,000 shares; fourteen additional non-officer employees were granted options to purchase an aggregate of 176,500 shares. The stock options were granted pursuant to the Coherus BioSciences, Inc. 2016 Employment Commencement Incentive Plan, which was approved by the Company\u2019s board of directors … <\/p>\n
Continue reading “Coherus BioSciences Announces New Employment Inducement Grants”<\/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-512128","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCoherus BioSciences Announces New Employment Inducement Grants - 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\/coherus-biosciences-announces-new-employment-inducement-grants-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coherus BioSciences Announces New Employment Inducement Grants - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"REDWOOD CITY, Calif., July 12, 2021 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. (\u201cCoherus\u201d or the \u201cCompany\u201d, Nasdaq: CHRS), today announced that effective July 6, 2021, the compensation committee of the Company\u2019s board of directors granted options to purchase an aggregate of 221,500 shares of the common stock of the Company to newly hired employees with a per share exercise price of $13.63, the closing trading price on the grant date. A newly hired Vice President was granted options for 45,000 shares; fourteen additional non-officer employees were granted options to purchase an aggregate of 176,500 shares. 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