other material
confidence high
sentiment neutral
materiality 0.20
Cardiff Oncology grants 55,008 stock options to new employee as inducement
Cardiff Oncology, Inc.
- Non-qualified stock options for 55,008 shares granted on Jan 31, 2022 to one new employee.
- Exercise price of $3.38 per share, equal to Jan 31 closing price.
- Options vest over 4 years: 25% at 1-year anniversary, remainder monthly over 36 months.
- Grant made under Nasdaq Listing Rule 5635(c)(4) as inducement material to employment.