{"id":813159,"date":"2025-02-13T16:48:35","date_gmt":"2025-02-13T21:48:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-11\/"},"modified":"2025-02-13T16:48:35","modified_gmt":"2025-02-13T21:48:35","slug":"esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-11","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/esperion-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-11\/","title":{"rendered":"Esperion Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)"},"content":{"rendered":"
\n

ANN ARBOR, Mich., Feb. 13, 2025 (GLOBE NEWSWIRE) — Esperion (NASDAQ: ESPR) today announced that on February 11, 2025, the Company granted ten new employees 58,300 restricted stock units (RSUs) under Esperion\u2019s 2017 Inducement Equity Incentive Plan.<\/p>\n

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’s entering into employment with Esperion, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.<\/p>\n

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’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

\n Esperion Therapeutics<\/strong>
\n
Esperion Therapeutics, Inc. is a commercial stage biopharmaceutical company focused on bringing new medicines to market that address unmet needs of patients and healthcare professionals. The Company developed and is commercializing the only U.S. Food and Drug Administration (FDA) approved oral, once-daily, non-statin medicines for patients who are at risk for cardiovascular disease and are struggling with elevated low density lipoprotein cholesterol (LDL-C). These medications are supported by the nearly 14,000 patient CLEAR Cardiovascular Outcomes Trial. Esperion continues to build on its success with its next generation program which is focused on developing ATP citrate lyase inhibitors (ACLYi). New insights into the structure and function of ACLYi fully enables rational drug design and the opportunity to develop highly potent and specific inhibitors with allosteric mechanisms.<\/p>\n

Esperion continues to evolve into a leading global biopharmaceutical company through commercial execution, international partnerships and collaborations and advancement of its pre-clinical pipeline. For more information, visit esperion.com<\/u><\/a> and esperionscience.com<\/u><\/a> and follow Esperion on LinkedIn<\/u><\/a> and X<\/u><\/a>.<\/p>\n

\n Esperion Contact Information:<\/strong>\u00a0
Investors:\u00a0\u00a0
Alina Venezia\u00a0
investorrelations@esperion.com<\/u><\/a>
(734) 887-3903\u00a0<\/p>\n

Media:\u00a0\u00a0
Tiffany Aldrich\u00a0\u00a0
corporateteam@esperion.com<\/u><\/a>
(616) 443-8438\u00a0<\/p>\n

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

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

ANN ARBOR, Mich., Feb. 13, 2025 (GLOBE NEWSWIRE) — Esperion (NASDAQ: ESPR) today announced that on February 11, 2025, the Company granted ten new employees 58,300 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’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 … <\/p>\n

Continue reading “Esperion Announces Inducement 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-813159","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEsperion 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-5635c4-11\/\" \/>\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., Feb. 13, 2025 (GLOBE NEWSWIRE) — Esperion (NASDAQ: ESPR) today announced that on February 11, 2025, the Company granted ten new employees 58,300 restricted stock units (RSUs) under Esperion\u2019s 2017 Inducement Equity Incentive Plan. 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