Alector adopts 2022 Inducement Equity Plan, reserves 1.63M shares for new hires

Alector, Inc.

Board adopted 2022 Inducement Plan effective Jan 1, 2022, reserving 1,630,000 shares of common stock.
Plan allows grants of options, RSUs, restricted stock, SARs, performance shares/units to new employees.
Awards intended as inducements under Nasdaq Listing Rules; no stockholder approval required.
Plan terms substantially similar to 2019 Equity Incentive Plan.
Inducement Plan only for individuals not previously employees, or after bona-fide non-employment period.

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