secwatch.observer — SEC 8-K summary
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Issuer:     Alector, Inc. (ALEC)
CIK:        0001653087
Form:       8-K
Filed at:   2022-01-03T23:59:59+00:00
Accession:  0001193125-22-000212
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653087/000119312522000212/0001193125-22-000212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653087/000119312522000212/d160293d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-000212

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