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Scholar Rock Reports New Employee Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Scholar Rock granted inducement equity awards covering 134,345 common stock shares to 11 newly hired employees.
  • The awards include inducement stock options for 50,936 shares & restricted stock units for 83,409 shares.
  • Awards are subject to terms in the Company's 2022 Inducement Equity Plan & Nasdaq Listing Rule 5635(c)(4).
  • Inducement stock options have an exercise price of $43.80, based on the closing price on June 8, 2026.
  • Stock options vest 25% on the first anniversary of the start date, with the remaining 75% vesting in 12 equal quarterly installments.
  • Restricted stock units vest in four equal annual installments.
  • All vesting is contingent upon the employees' continuing service through the applicable vesting dates.
  • Scholar Rock is a late-stage biopharmaceutical company developing apitegromab for spinal muscular atrophy & other neuromuscular diseases.