secwatch.observer — SEC 8-K summary
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Issuer:     Alector, Inc. (ALEC)
CIK:        0001653087
Form:       8-K
Filed at:   2022-09-26T23:59:59+00:00
Accession:  0001193125-22-250294
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alector increases inducement equity plan shares to 3.3M for new employee hiring
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- Board approved amendment raising shares available under 2022 Inducement Plan from 1,630,000 to 3,300,000.
- Plan is material inducement for new employees entering employment, per Nasdaq Listing Rule 5635(c)(4).
- Amendment adopted without stockholder approval as permitted under Nasdaq rules for inducement awards.
- Awards under plan include nonstatutory stock options, RSUs, restricted stock, and performance shares.
- Plan and forms of award agreements filed as Exhibit 10.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653087/000119312522250294/0001193125-22-250294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653087/000119312522250294/d363522d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-250294

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