, /PRNewswire/ — Karyopharm Therapeutics Inc. (Nasdaq: KPTI), a commercial-stage pharmaceutical company pioneering novel cancer therapies, today announced that the Company granted a stock option to purchase an aggregate of 101,250 shares of Karyopharm’s common stock and an aggregate of 108,540 restricted stock units (RSUs) to four newly-hired employees. These RSU awards were granted as of December 31, 2024 (the “Grant Date”) pursuant to the Company’s 2022 Inducement Stock Incentive Plan, as amended, as inducements material to the new employees entering into employment with Karyopharm in accordance with Nasdaq Listing Rule 5635(c)(4).
The stock option has an exercise price of $0.6763per share, the closing price of Karyopharm’s common stock on the Grant Date, and vests over four years, with 25% of the total number of shares underlying the stock options vesting on the one-year anniversary of the employee’s commencement date and 1/48th of the total number of shares vesting monthly thereafter, subject to the employee’s continued service as an employee of, …