{"id":758581,"date":"2023-05-12T17:04:22","date_gmt":"2023-05-12T21:04:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\/"},"modified":"2023-05-12T17:04:22","modified_gmt":"2023-05-12T21:04:22","slug":"esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\/","title":{"rendered":"Esperion Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ANN ARBOR, Mich., May  12, 2023  (GLOBE NEWSWIRE) &#8212; Esperion (NASDAQ: ESPR) today announced that, on May 9, 2023, the Company granted 13 new employees 71,500 restricted stock units (RSUs) under Esperion\u2019s 2017 Inducement Equity Incentive Plan.<\/p>\n<p align=\"justify\">The 2017 Inducement Equity Incentive Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Esperion (or following a bona fide period of non-employment), as an inducement material to such individual&#8217;s entering into employment with Esperion, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.<\/p>\n<p align=\"justify\">Each RSU will vest and become exercisable as to 25 percent of the shares on the one-year anniversary of the recipient\u2019s vesting commencement date and will vest and become exercisable as to the remaining 75 percent of the shares in twelve equal quarterly installments at the end of each quarter following such anniversary, in each case, subject to each such employee&#8217;s continued employment with Esperion on such vesting dates. The RSUs are subject to the terms and conditions of Esperion\u2019s 2017 Inducement Equity Incentive Plan, and the terms and conditions of the RSU agreement covering the grant.<\/p>\n<p align=\"justify\">\n        <strong>Esperion Therapeutics<\/strong>\u00a0<br \/>At Esperion, we discover, develop, and commercialize innovative medicines to help improve outcomes for patients with or at risk for cardiovascular and cardiometabolic diseases. The status quo is not meeting the health needs of millions of people with high cholesterol \u2013 that is why our team of passionate industry leaders is breaking through the barriers that prevent patients from reaching their goals. Providers are moving toward reducing LDL-cholesterol levels as low as possible, as soon as possible; we provide the next steps to help get patients there. Because when it comes to high cholesterol, getting to goal is not optional. It is our life\u2019s work. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CO9gD2daRx4UREoJRUMkADsIwQuVT0_0gcRwtio_syfHKpcNcwkCLhFFDGj21U6G5ZQ_lup1lzxHKZQrxfupnz__UrZbtBOAZR5zgSIVw2pJa_NcTifN8OEUt76Xju-owcWWkQBv9z-gN-V21hC_VNd-RFmekx4qBUHxvk_jynoBl-1b_x7DVtWMpV29IY1Y\" rel=\"nofollow noopener\" target=\"_blank\">esperion.com<\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CO9gD2daRx4UREoJRUMkAHC1J9Pk4zhH7VQY6krFDwW2AGEOJmYkJbo5GAffXRtazhBXymzsu8Jyz6VuV2FLN9DLEf_5Q57ELdVUBn84hBra3YAO3c5V9cgHlczzTY1X3sF1r5j6jcFoD5FeCpOW-8MCoFGE8rpb9gEKcgRUTyLykJ1WrCd9glzD-ysQ92jpeIQn-xEhS39dTTYsf7TXfA==\" rel=\"nofollow noopener\" target=\"_blank\">esperionscience.com<\/a> and follow us on Twitter at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RSCdGOKVtfZv4whyCJ1QOPYki0DyeKYiAZFUHgtuUeysIFQRc0isLvSnNzLgE0t5AhDWFo6om2unLP7hm75CM4kX0Y-2nPm1vUQRo62i3Y8yFysQaGDcLHwRVsx64LkGew7gzLGcCgJXdX2mHl7wl9Gr-JqzxGj4zsGodqgjnRs4qBp5qrBCTEtg26j9L5zBJk-eiVvDI1N0QYRZo4G7EtbO_TBJKOYf6DuLGfBisKE=\" rel=\"nofollow noopener\" target=\"_blank\">twitter.com\/EsperionInc<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Esperion Contact Information:<\/strong>\u00a0<br \/>Investors: \u00a0<br \/>Alexis Callahan<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xN9Pau91ZD8HH-9Eoav1w_qi4GYtNZ8746cQSEz4MWrBy3oDC3tcajo4XxSeRlb2VnvZGEJtEadhxFRylabyugJFi7n6oYYx657iFzRZnCzc3TAdZ4z_DpclRtufGkz5\" rel=\"nofollow noopener\" target=\"_blank\">investorelations@esperion.com<\/a><br \/>(406) 539-1762\u00a0<br \/>\u00a0\u00a0<br \/>Media: \u00a0<br \/>Tiffany Aldrich \u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DOFOrm88TC-LN_59_nDOwlLSs-1_USV09uvdMBC7W2TVRi4R-X59zOuKQByiv28ashBBJxp9ilGgPxgruR-_eq5nfbuz_kduhJKthPrIAGvJWfjMe2ZHKQVjDl1D9XU7\" rel=\"nofollow noopener\" target=\"_blank\">corporateteam@esperion.com<\/a><br \/>(616) 443-8438<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzNzYyMSM1NTkwNjIwIzIwMDcxNDE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OWQ2NTA5ZDEtNDU3MS00NTYzLWJmODQtODUyNDc4NTYyODgwLTEwMTg3MTQ=\/tiny\/Esperion-Therapeutics-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ANN ARBOR, Mich., May 12, 2023 (GLOBE NEWSWIRE) &#8212; Esperion (NASDAQ: ESPR) today announced that, on May 9, 2023, the Company granted 13 new employees 71,500 restricted stock units (RSUs) under Esperion\u2019s 2017 Inducement Equity Incentive Plan. The 2017 Inducement Equity Incentive Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Esperion (or following a bona fide period of non-employment), as an inducement material to such individual&#8217;s entering into employment with Esperion, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules. Each RSU will vest and become exercisable as to 25 percent of the shares on the one-year anniversary of the recipient\u2019s vesting commencement date and will &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Esperion Announces 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-758581","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Esperion Announces 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\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Esperion Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ANN ARBOR, Mich., May 12, 2023 (GLOBE NEWSWIRE) &#8212; Esperion (NASDAQ: ESPR) today announced that, on May 9, 2023, the Company granted 13 new employees 71,500 restricted stock units (RSUs) under Esperion\u2019s 2017 Inducement Equity Incentive Plan. The 2017 Inducement Equity Incentive Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Esperion (or following a bona fide period of non-employment), as an inducement material to such individual&#8217;s entering into employment with Esperion, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules. Each RSU will vest and become exercisable as to 25 percent of the shares on the one-year anniversary of the recipient\u2019s vesting commencement date and will &hellip; Continue reading &quot;Esperion Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-12T21:04:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzNzYyMSM1NTkwNjIwIzIwMDcxNDE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Esperion Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)\",\"datePublished\":\"2023-05-12T21:04:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\\\/\"},\"wordCount\":334,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzNzYyMSM1NTkwNjIwIzIwMDcxNDE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-9\\\/\",\"name\":\"Esperion Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4) - 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