other
confidence high
sentiment neutral
materiality 0.30
ORIC Pharmaceuticals adopts 2022 Inducement Equity Incentive Plan reserving 500,000 shares
Oric Pharmaceuticals, Inc.
- Plan adopted March 1, 2022 by Compensation Committee; 500,000 shares of common stock reserved.
- Awards limited to new employees as material inducement to hire, per Nasdaq Listing Rule 5635(c)(4).
- Terms substantially similar to company's 2020 Equity Incentive Plan.
- Adopted without stockholder approval; approved by independent directors.