other material
confidence high
sentiment neutral
materiality 0.55
Sagimet awards 450k options and 450k PSUs to CEO, CFO, and Chief Legal Officer
Sagimet Biosciences Inc.
- CEO David Happel receives 300,000 options and 300,000 PSUs at $7.27 exercise price.
- CFO Thierry Chauche receives 50,000 options and 50,000 PSUs; Chief Legal Officer Elizabeth Rozek receives 100,000 each.
- Options vest over 48 months; PSUs tied to regulatory milestones with one-third cliff vest at achievement date.
- PSU award form filed as Exhibit 10.1; grants under 2023 Stock Option and Incentive Plan.