{"id":789801,"date":"2023-10-11T19:11:32","date_gmt":"2023-10-11T23:11:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/travere-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-25\/"},"modified":"2023-10-11T19:11:32","modified_gmt":"2023-10-11T23:11:32","slug":"travere-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-25","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/travere-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-25\/","title":{"rendered":"Travere\u00a0Therapeutics Reports\u00a0Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"
\n

SAN\u00a0DIEGO, Oct. 11, 2023 (GLOBE NEWSWIRE) — Travere Therapeutics, Inc. (NASDAQ: TVTX) today announced that on October 10, 2023, the Compensation Committee of its Board of Directors granted inducement equity grants to nine new employees, consisting of inducement restricted stock units, or RSUs, covering an aggregate of\u00a029,250 shares of its common stock. These inducement RSUs are subject to the terms of Travere\u2019s 2018 Equity Incentive Plan (\u201c2018 Plan\u201d), but were granted outside of the 2018 Plan and were granted as inducements material to the new employees entering into employment with Travere in accordance with Nasdaq Listing Rule 5635(c)(4).<\/p>\n

The RSUs vest over four years, with 25% of the shares vesting on each anniversary of the grant date, subject to the new employee\u2019s continued service relationship with Travere through the applicable vesting dates.<\/p>\n

\n About<\/strong>
\n \u00a0Travere Therapeutics<\/strong>\n <\/p>\n

At\u00a0Travere Therapeutics, we\u00a0are in rare for life. We\u00a0are\u00a0a biopharmaceutical company that comes together\u00a0every day to help patients, families and caregivers of all backgrounds as they navigate life with a rare disease. On this path, we know the need for treatment options is urgent \u2013\u00a0that is why our global team works with the rare disease community to identify, develop and deliver\u00a0life-changing therapies. In pursuit of this mission,\u00a0we continuously seek to understand the diverse perspectives of rare patients and to courageously forge new paths to make a difference\u00a0in their lives and provide hope \u2013 today and tomorrow. For\u00a0more information, visit travere.com<\/p>\n

Media:
Nivi Nehra
Vice President, Corporate Communications
888-969-7879
mediarelations@travere.com<\/a><\/p>\n

Investors:
Naomi Eichenbaum
Vice President, Investor Relations
888-969-7879
ir@travere.com<\/a><\/p>\n


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

<\/div>\n","protected":false},"excerpt":{"rendered":"

SAN\u00a0DIEGO, Oct. 11, 2023 (GLOBE NEWSWIRE) — Travere Therapeutics, Inc. (NASDAQ: TVTX) today announced that on October 10, 2023, the Compensation Committee of its Board of Directors granted inducement equity grants to nine new employees, consisting of inducement restricted stock units, or RSUs, covering an aggregate of\u00a029,250 shares of its common stock. These inducement RSUs are subject to the terms of Travere\u2019s 2018 Equity Incentive Plan (\u201c2018 Plan\u201d), but were granted outside of the 2018 Plan and were granted as inducements material to the new employees entering into employment with Travere in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs vest over four years, with 25% of the shares vesting on each anniversary of the grant date, subject to the … <\/p>\n

Continue reading “Travere\u00a0Therapeutics Reports\u00a0Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)”<\/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-789801","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTravere\u00a0Therapeutics Reports\u00a0Inducement 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\/travere-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-25\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Travere\u00a0Therapeutics Reports\u00a0Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN\u00a0DIEGO, Oct. 11, 2023 (GLOBE NEWSWIRE) — Travere Therapeutics, Inc. 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