{"id":820983,"date":"2025-03-03T19:06:19","date_gmt":"2025-03-04T00:06:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lensar-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-4\/"},"modified":"2025-03-03T19:06:19","modified_gmt":"2025-03-04T00:06:19","slug":"lensar-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lensar-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-4\/","title":{"rendered":"LENSAR Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"
\n

ORLANDO, Fla., March 03, 2025 (GLOBE NEWSWIRE) — LENSAR, Inc.\u00a0(Nasdaq: LNSR) (\u201cLENSAR\u201d or the \u201cCompany\u201d) today announced that a majority of the independent members of LENSAR\u2019s board of directors granted two newly-hired non-executive employees stock options to purchase an aggregate of 1,600 shares of the Company\u2019s common stock. The options were granted as of\u00a0March 3, 2025, as inducements material to each employee entering into employment with the Company. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4).<\/p>\n

The options have an exercise price of\u00a0$13.48\u00a0per share, which is equal to the closing price of the Company\u2019s common stock on the grant date. The options vest as to 25% of the total amount of the award on the one-year anniversary of the grant date and in thirty-six substantially equal monthly installments thereafter, subject to the new employee\u2019s continued service with the company. Each stock option has a 10-year term. The options are subject to the terms and conditions of LENSAR\u2019s 2024 Employment Inducement Incentive Award Plan and a stock option agreement covering the grant.<\/p>\n

\n About LENSAR<\/strong>\n <\/p>\n

LENSAR is a commercial-stage medical device company focused on designing, developing, and marketing advanced systems for the treatment of cataracts and the management of astigmatism as an integral aspect of the procedure. LENSAR has developed its ALLY\u00a0Robotic Cataract Laser System\u2122 as a compact, highly ergonomic system utilizing an extremely fast dual-modality laser and integrating AI into proprietary imaging and software. ALLY is designed to transform premium cataract surgery by utilizing LENSAR\u2019s advanced robotic technologies with the ability to perform the entire procedure in a sterile operating room or in-office surgical suite, delivering operational efficiencies and reducing overhead. ALLY includes LENSAR\u2019s proprietary Streamline\u00ae<\/sup>\u00a0software technology, which is designed to guide surgeons to achieve better outcomes.<\/p>\n\n\n\n\n
\n Contacts:<\/strong>\n <\/td>\n\u00a0<\/td>\nLee Roth \/ Cameron Radinovic<\/td>\n<\/tr>\n
Thomas R. Staab, II, CFO<\/td>\n\u00a0<\/td>\nBurns McClellan for LENSAR<\/td>\n<\/tr>\n
\n ir.contact@lensar.com<\/a>\n <\/td>\n\u00a0<\/td>\n\n lroth@burnsmc.com<\/a> \/ cradinovic@burnsmc.com<\/a><\/td>\n<\/tr>\n<\/table>\n

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

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

ORLANDO, Fla., March 03, 2025 (GLOBE NEWSWIRE) — LENSAR, Inc.\u00a0(Nasdaq: LNSR) (\u201cLENSAR\u201d or the \u201cCompany\u201d) today announced that a majority of the independent members of LENSAR\u2019s board of directors granted two newly-hired non-executive employees stock options to purchase an aggregate of 1,600 shares of the Company\u2019s common stock. The options were granted as of\u00a0March 3, 2025, as inducements material to each employee entering into employment with the Company. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of\u00a0$13.48\u00a0per share, which is equal to the closing price of the Company\u2019s common stock on the grant date. The options vest as to 25% of the total amount of the award on the one-year anniversary … <\/p>\n

Continue reading “LENSAR Reports 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-820983","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLENSAR Reports 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\/lensar-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LENSAR Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ORLANDO, Fla., March 03, 2025 (GLOBE NEWSWIRE) — LENSAR, Inc.\u00a0(Nasdaq: LNSR) (\u201cLENSAR\u201d or the \u201cCompany\u201d) today announced that a majority of the independent members of LENSAR\u2019s board of directors granted two newly-hired non-executive employees stock options to purchase an aggregate of 1,600 shares of the Company\u2019s common stock. The options were granted as of\u00a0March 3, 2025, as inducements material to each employee entering into employment with the Company. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of\u00a0$13.48\u00a0per share, which is equal to the closing price of the Company\u2019s common stock on the grant date. 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