{"id":785993,"date":"2023-09-25T17:26:36","date_gmt":"2023-09-25T21:26:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\/"},"modified":"2023-09-25T17:26:36","modified_gmt":"2023-09-25T21:26:36","slug":"editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\/","title":{"rendered":"Editas Medicine Reports Inducement Grants to New Chief Commercial and Strategy Officer"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">CAMBRIDGE, Mass., Sept.  25, 2023  (GLOBE NEWSWIRE) &#8212; Editas Medicine, Inc.\u00a0(Nasdaq: EDIT), a clinical-stage genome editing company, today announced the grant of an inducement award to the Company\u2019s newly appointed Chief Commercial and Strategy Officer,\u00a0Caren Deardorf. In connection with Ms. Deardorf\u2019s appointment, the Editas Medicine Board of Directors approved a stock option grant to\u00a0Ms. Deardorf as an inducement material to\u00a0Ms. Deardorf entering into employment with\u00a0Editas Medicine in accordance with Nasdaq Listing Rule 5635(c)(4).\u00a0The stock option provides for the purchase of up to 123,350 shares of\u00a0Editas Medicine\u00a0common stock at a price of\u00a0$8.00 per share, the closing price per share of\u00a0Editas Medicine\u00a0common stock as reported by Nasdaq on\u00a0the date of grant, and vests over four years, with 25 percent of the shares vesting on the first anniversary of Ms. Deardorf\u2019s employment start date, and the remainder vesting ratably at the end of each subsequent month thereafter, subject to Ms. Deardorf\u2019s continued service relationship with\u00a0Editas Medicine\u00a0through the applicable vesting dates.<\/p>\n<p>\n        <strong>About Editas Medicine<\/strong><br \/>\n        <br \/>As a clinical-stage genome editing company, Editas Medicine is focused on translating the power and potential of the CRISPR\/Cas12a and Cas9 genome editing systems into a robust pipeline of treatments for people living with serious diseases around the world. Editas Medicine aims to discover, develop, manufacture, and commercialize transformative, durable, precision genomic medicines for a broad class of diseases. Editas Medicine is the exclusive licensee of Broad Institute\u2019s Cas12a patent estate and Broad Institute and Harvard University\u2019s Cas9 patent estates for human medicines. For the latest information and scientific presentations, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=E_9uGGl_H1V3KPmNnNcMC8wLXMM31H-C7q-r2ru-Mn9oN12ZWMHCA91kLTTRq0Dcs7igpXT491sSrY7a3I6am0i_3bGIetjTVXZGlfKHwyo=\" rel=\"nofollow noopener\" target=\"_blank\">www.editasmedicine.com<\/a>.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyNzk5MyM1ODMxMTMxIzIwMjYwMjc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZmU5M2ZmMDQtN2VjOC00NjNmLTg1NTUtNTI3NmMzYmQyYzk3LTEwMzc1OTk=\/tiny\/Editas-Medicine-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Media and Investor Contact:\r\nCristi Barnett\r\n(617) 401-0113\r\ncristi.barnett@editasmed.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CAMBRIDGE, Mass., Sept. 25, 2023 (GLOBE NEWSWIRE) &#8212; Editas Medicine, Inc.\u00a0(Nasdaq: EDIT), a clinical-stage genome editing company, today announced the grant of an inducement award to the Company\u2019s newly appointed Chief Commercial and Strategy Officer,\u00a0Caren Deardorf. In connection with Ms. Deardorf\u2019s appointment, the Editas Medicine Board of Directors approved a stock option grant to\u00a0Ms. Deardorf as an inducement material to\u00a0Ms. Deardorf entering into employment with\u00a0Editas Medicine in accordance with Nasdaq Listing Rule 5635(c)(4).\u00a0The stock option provides for the purchase of up to 123,350 shares of\u00a0Editas Medicine\u00a0common stock at a price of\u00a0$8.00 per share, the closing price per share of\u00a0Editas Medicine\u00a0common stock as reported by Nasdaq on\u00a0the date of grant, and vests over four years, with 25 percent of the shares &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Editas Medicine Reports Inducement Grants to New Chief Commercial and Strategy Officer&#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-785993","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Editas Medicine Reports Inducement Grants to New Chief Commercial and Strategy Officer - 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\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Editas Medicine Reports Inducement Grants to New Chief Commercial and Strategy Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CAMBRIDGE, Mass., Sept. 25, 2023 (GLOBE NEWSWIRE) &#8212; Editas Medicine, Inc.\u00a0(Nasdaq: EDIT), a clinical-stage genome editing company, today announced the grant of an inducement award to the Company\u2019s newly appointed Chief Commercial and Strategy Officer,\u00a0Caren Deardorf. In connection with Ms. Deardorf\u2019s appointment, the Editas Medicine Board of Directors approved a stock option grant to\u00a0Ms. Deardorf as an inducement material to\u00a0Ms. Deardorf entering into employment with\u00a0Editas Medicine in accordance with Nasdaq Listing Rule 5635(c)(4).\u00a0The stock option provides for the purchase of up to 123,350 shares of\u00a0Editas Medicine\u00a0common stock at a price of\u00a0$8.00 per share, the closing price per share of\u00a0Editas Medicine\u00a0common stock as reported by Nasdaq on\u00a0the date of grant, and vests over four years, with 25 percent of the shares &hellip; Continue reading &quot;Editas Medicine Reports Inducement Grants to New Chief Commercial and Strategy Officer&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-25T21:26:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyNzk5MyM1ODMxMTMxIzIwMjYwMjc=\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Editas Medicine Reports Inducement Grants to New Chief Commercial and Strategy Officer\",\"datePublished\":\"2023-09-25T21:26:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\\\/\"},\"wordCount\":285,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODkyNzk5MyM1ODMxMTMxIzIwMjYwMjc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/editas-medicine-reports-inducement-grants-to-new-chief-commercial-and-strategy-officer\\\/\",\"name\":\"Editas Medicine Reports Inducement Grants to New Chief Commercial and Strategy Officer - 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