AG˹ٷ

STOCK TITAN

Replimune Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Replimune (NASDAQ: REPL), a clinical stage biotechnology company focused on oncolytic immunotherapies, has granted inducement equity awards to 16 new non-executive employees. The awards include 32,135 non-qualified stock options at an exercise price of $9.65 per share and 64,320 restricted stock units (RSUs).

The stock options have a 10-year term with a 4-year vesting schedule, starting with 25% vesting after one year and the remainder monthly over three years. The RSUs will vest in approximately equal annual installments over four years beginning August 15, 2026. These awards were granted under the company's 2025 Inducement Plan and approved under Nasdaq Listing Rule 5635(c)(4).

Replimune (NASDAQ: REPL), una società biotecnologica in fase clinica specializzata in immunoterapie oncolitiche, ha concesso premi azionari di incentivo a 16 nuovi dipendenti non esecutivi. I premi comprendono 32.135 opzioni azionarie non qualificate con un prezzo di esercizio di 9,65 dollari per azione e 64.320 unità di azioni vincolate (RSU).

Le opzioni azionarie hanno una durata di 10 anni con un piano di maturazione di 4 anni, che prevede il maturare del 25% dopo un anno e il resto mensilmente nei successivi tre anni. Le RSU matureranno in rate annuali approssimativamente uguali per quattro anni a partire dal 15 agosto 2026. Questi premi sono stati concessi nell'ambito del Piano di Incentivazione 2025 della società e approvati in conformità alla Regola 5635(c)(4) del Nasdaq.

Replimune (NASDAQ: REPL), una empresa biotecnológica en etapa clínica centrada en inmunoterapias oncolíticas, ha otorgado premios de acciones de incentivo a 16 nuevos empleados no ejecutivos. Los premios incluyen 32,135 opciones sobre acciones no calificadas con un precio de ejercicio de $9.65 por acción y 64,320 unidades restringidas de acciones (RSU).

Las opciones tienen un plazo de 10 años con un calendario de adquisición de derechos de 4 años, comenzando con un 25% adquirido después de un año y el resto mensualmente durante los siguientes tres años. Las RSU se adquirirán en cuotas anuales aproximadamente iguales durante cuatro años a partir del 15 de agosto de 2026. Estos premios se otorgaron bajo el Plan de Incentivos 2025 de la compañía y fueron aprobados conforme a la Regla 5635(c)(4) de Nasdaq.

Replimune (NASDAQ: REPL)은 종양� 면역치료제에 집중하는 임상 단계 바이오테� 기업으로, 16명의 신규 비임� 직원에게 유인 주식 보상� 부여했습니�. 보상에는 주당 행사 가격이 $9.65� 32,135개의 비자� 주식옵션64,320개의 제한 주식 단위(RSU)가 포함되어 있습니다.

주식옵션읶 10� 만기이며, 4� 베스� 일정� 따라 1� � 25%가 베스팅되� 나머지� 3� 동안 매월 베스팅됩니다. RSU� 2026� 8� 15�부� 시작하여 4년에 걸쳐 거의 동일� 연간 할부� 베스팅됩니다. � 보상은 회사� 2025� 유인 계획� 따라 부여되었으�, 나스� 상장 규칙 5635(c)(4)� 의해 승인되었습니�.

Replimune (NASDAQ : REPL), une société biotechnologique en phase clinique spécialisée dans les immunothérapies oncolytiques, a attribué des actions incitatives à 16 nouveaux employés non cadres. Ces récompenses comprennent 32 135 options d'achat d'actions non qualifiées au prix d'exercice de 9,65 $ par action et 64 320 unités d'actions restreintes (RSU).

Les options d'achat ont une durée de 10 ans avec un calendrier d'acquisition sur 4 ans, débutant par 25 % acquis après un an, puis le reste mensuellement sur les trois années suivantes. Les RSU seront acquises en versements annuels approximativement égaux sur quatre ans à partir du 15 août 2026. Ces récompenses ont été accordées dans le cadre du Plan d'Incitation 2025 de la société et approuvées conformément à la règle 5635(c)(4) du Nasdaq.

Replimune (NASDAQ: REPL), ein biotechnologisches Unternehmen in der klinischen Entwicklungsphase mit Schwerpunkt auf onkolytischen Immuntherapien, hat Anreizaktien an 16 neue nicht-exekutive Mitarbeiter vergeben. Die Auszeichnungen umfassen 32.135 nicht qualifizierte Aktienoptionen mit einem Ausübungspreis von 9,65 USD pro Aktie sowie 64.320 Restricted Stock Units (RSUs).

Die Aktienoptionen haben eine Laufzeit von 10 Jahren mit einem vierjährigen Vesting-Zeitplan, beginnend mit 25 % Vesting nach einem Jahr und dem Rest monatlich über die folgenden drei Jahre. Die RSUs werden in etwa gleichmäßigen jährlichen Raten über vier Jahre ab dem 15. August 2026 vesten. Diese Auszeichnungen wurden im Rahmen des Inducement-Plans 2025 des Unternehmens gewährt und gemäß der Nasdaq-Listenregel 5635(c)(4) genehmigt.

Positive
  • Successful recruitment of 16 new employees indicating company growth
  • Structured equity compensation plan to retain talent
Negative
  • Potential dilution from new equity awards totaling 96,455 shares

WOBURN, Mass., July 11, 2025 (GLOBE NEWSWIRE) -- Replimune Group, Inc. (NASDAQ: REPL), a clinical stage biotechnology company pioneering the development of novel oncolytic immunotherapies, today announced the grant of inducement equity awards to newly hired non-executive employees.

The Company granted equity awards to 16 employees as a material inducement to commencing their employment with the Company under the Company’s 2025 Inducement Grant Incentive Compensation Plan (the “Inducement Plan�). The inducement awards consist of non-qualified stock options to purchase an aggregate of 32,135 shares of the Company's common stock and restricted stock units representing an aggregate of 64,320 shares of the Company's common stock. Each option has an exercise price of $9.65 per share, which is equal to the closing price of the Company's common stock on July 7, 2025 (the “Date of Grant�). Each option has a 10-year term and will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the Date of Grant, and the remainder vesting in monthly installments for three years thereafter. The restricted stock units vest in approximately four equal annual installments beginning on August 15, 2026.

The aforementioned inducement awards were approved by the compensation committee of the Company's board of directors in reliance on the employment inducement exception under Nasdaq Listing Rule 5635(c)(4). The inducement awards are subject to the terms and conditions set forth under the Inducement Plan.

dzܳܲԱ
Replimune Group, Inc., headquartered inWoburn, MA, was founded in 2015 with the mission to transform cancer treatment by pioneering the development of novel oncolytic immunotherapies. Replimune’s proprietary RPx platform is based on a potent HSV-1 backbone intended to maximize immunogenic cell death and the induction of a systemic anti-tumor immune response. The RPx platform is designed to have a unique dual local and systemic activity consisting of direct selective virus-mediated killing of the tumor resulting in the release of tumor derived antigens and altering of the tumor microenvironment to ignite a strong and durable systemic response. The RPx product candidates are expected to be synergistic with most established and experimental cancer treatment modalities, leading to the versatility to be developed alone or combined with a variety of other treatment options. For more information, please visit.

Investor Inquiries
Chris Brinzey
ICR Westwicke
339.970.2843

Media Inquiries
Arleen Goldenberg
Replimune
917.548.1582


FAQ

How many shares were granted in Replimune's (REPL) July 2025 inducement awards?

Replimune granted a total of 96,455 shares, consisting of 32,135 stock options and 64,320 restricted stock units (RSUs).

What is the exercise price for REPL's July 2025 inducement stock options?

The stock options have an exercise price of $9.65 per share, equal to the closing price on July 7, 2025.

What is the vesting schedule for Replimune's 2025 inducement RSUs?

The RSUs will vest in approximately four equal annual installments beginning on August 15, 2026.

How long is the vesting period for REPL's July 2025 inducement stock options?

The options have a 4-year vesting period, with 25% vesting after one year and the remainder vesting monthly over three years.

How many new employees received Replimune's July 2025 inducement awards?

16 new non-executive employees received inducement equity awards.
Replimune Group

NASDAQ:REPL

REPL Rankings

REPL Latest News

REPL Latest SEC Filings

REPL Stock Data

724.62M
72.83M
4.18%
101.93%
11.87%
Biotechnology
Biological Products, (no Disgnostic Substances)
United States
WOBURN