other material
confidence high
sentiment neutral
materiality 0.35
GlycoMimetics grants performance-based stock options to NEOs vesting on FDA approval of uproleselan
CRESCENT BIOPHARMA, INC.
- CEO Harout Semerjian granted 521,250 shares; CFO Brian Hahn and CMO Edwin Rock each granted 187,500 shares.
- Options have exercise price of $0.2589 per share and vest upon FDA approval of uproleselan for AML.
- Awards are in addition to service-based options granted Jan 12, 2024 with exercise price of $3.11 per share.
- Vesting is contingent on continued service through the FDA approval date.