AGÕæÈ˹ٷ½

STOCK TITAN

Protara Therapeutics, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

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

Protara Therapeutics (Nasdaq: TARA), a clinical-stage company focused on cancer and rare disease therapies, has announced inducement grants to two new employees. The company's Compensation Committee approved 29,500 stock options at an exercise price of $2.80 per share and 14,750 restricted stock units (RSUs) as of July 1, 2025.

The stock options will vest over four years, with 25% vesting after one year and the remainder vesting monthly over 36 months. The RSUs will vest over three years, with one-third vesting annually. Both grants are contingent on continued employment with Protara.

Protara Therapeutics (Nasdaq: TARA), un'azienda in fase clinica specializzata in terapie per il cancro e malattie rare, ha annunciato concessioni di incentivi a due nuovi dipendenti. Il Comitato per la Retribuzione dell'azienda ha approvato 29.500 opzioni azionarie con un prezzo di esercizio di 2,80 $ per azione e 14.750 unità azionarie vincolate (RSU) a partire dal 1° luglio 2025.

Le opzioni azionarie matureranno in quattro anni, con il 25% che matura dopo un anno e il resto che matura mensilmente nei successivi 36 mesi. Le RSU matureranno in tre anni, con un terzo che matura ogni anno. Entrambe le concessioni sono soggette alla continuazione del rapporto di lavoro con Protara.

Protara Therapeutics (Nasdaq: TARA), una empresa en etapa clínica centrada en terapias para el cáncer y enfermedades raras, ha anunciado concesiones de incentivos para dos nuevos empleados. El Comité de Compensación de la compañía aprobó 29,500 opciones sobre acciones con un precio de ejercicio de $2.80 por acción y 14,750 unidades restringidas de acciones (RSU) a partir del 1 de julio de 2025.

Las opciones sobre acciones se consolidarán durante cuatro años, con un 25% consolidándose después del primer año y el resto consolidándose mensualmente durante los siguientes 36 meses. Las RSU se consolidarán durante tres años, con un tercio consolidándose anualmente. Ambas concesiones dependen de la continuidad del empleo con Protara.

Protara Therapeutics (나스ë‹�: TARA)ëŠ� ì•� ë°� í¬ê·€ 질환 ì¹˜ë£Œì œì— ì¤‘ì ì� ë‘� ìž„ìƒ ë‹¨ê³„ 회사ë¡�, ë‘� ëª…ì˜ ì‹ ê·œ ì§ì›ì—게 ìœ ì¸ ë³´ìƒì� 발표했습니다. 회사ì� ë³´ìƒ ìœ„ì›íšŒëŠ” 주당 행사 ê°€ê²©ì´ 2.80달러ì� 29,500ì£� 스톡 옵션ê³� 14,750ê°œì˜ ì œí•œ ì£¼ì‹ ë‹¨ìœ„(RSU)ë¥� 2025ë…� 7ì›� 1ì¼ìžë¡� 승ì¸í–ˆìŠµë‹ˆë‹¤.

스톡 ì˜µì…˜ì€ 4ë…„ì— ê±¸ì³ ê¶Œë¦¬ê°€ 부여ë˜ë©�, 1ë…� í›� 25%ê°€ 부여ë˜ê³� 나머지ëŠ� 36개월 ë™ì•ˆ 매월 부여ë©ë‹ˆë‹¤. RSUëŠ� 3ë…„ì— ê±¸ì³ ê¶Œë¦¬ê°€ 부여ë˜ë©�, 매년 3ë¶„ì˜ 1ì”� 부여ë©ë‹ˆë‹¤. ë‘� ë³´ìƒ ëª¨ë‘ Protaraì—서 ê³„ì† ê·¼ë¬´í•˜ëŠ” ì¡°ê±´ì—� ë”°ë¼ ì§€ê¸‰ë©ë‹ˆë‹¤.

Protara Therapeutics (Nasdaq : TARA), une société en phase clinique spécialisée dans les thérapies contre le cancer et les maladies rares, a annoncé des attributions incitatives à deux nouveaux employés. Le comité de rémunération de l'entreprise a approuvé 29 500 options d'achat d'actions à un prix d'exercice de 2,80 $ par action et 14 750 unités d'actions restreintes (RSU) à compter du 1er juillet 2025.

Les options d'achat d'actions seront acquises sur une période de quatre ans, avec 25 % acquis après un an et le reste acquis mensuellement sur 36 mois. Les RSU seront acquises sur trois ans, avec un tiers acquis chaque année. Les deux attributions sont conditionnées à la poursuite de l'emploi chez Protara.

Protara Therapeutics (Nasdaq: TARA), ein klinisch fortgeschrittenes Unternehmen, das sich auf Krebs- und seltene Krankheitsbehandlungen spezialisiert hat, hat Anreizzuteilungen für zwei neue Mitarbeiter bekannt gegeben. Der Vergütungsausschuss des Unternehmens genehmigte 29.500 Aktienoptionen zu einem Ausübungspreis von 2,80 $ pro Aktie sowie 14.750 Restricted Stock Units (RSUs) mit Wirkung zum 1. Juli 2025.

Die Aktienoptionen werden über vier Jahre vesten, wobei 25 % nach einem Jahr vesten und der Rest monatlich über 36 Monate verteilt. Die RSUs vesten über drei Jahre, wobei jeweils ein Drittel jährlich vestet. Beide Zuteilungen setzen eine fortlaufende Anstellung bei Protara voraus.

Positive
  • None.
Negative
  • None.

NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- Protara Therapeutics, Inc. (Nasdaq: TARA) (“Protara� or the “Company�), a clinical-stage company developing transformative therapies for the treatment of cancer and rare diseases, today announced the recent grants of inducement non-qualified stock options and restricted stock units (RSUs) to two newly-hired employees.

The Compensation Committee of Protara’s Board of Directors approved an aggregate of 29,500 stock option awards and 14,750 RSU awards to two new employees from the Inducement Plan, as inducements material to the new employees� employment in accordance with Nasdaq Listing Rule 5635(c)(4). Such option awards were granted on July 1, 2025 and have an exercise price of $2.80 per share, Protara’s closing trading price on the grant date. Such RSU awards will have a grant date of July 1, 2025.

All option awards vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the grant date and 1/36th of the underlying shares vesting monthly thereafter over 36 months. All RSU awards vest over three years, with 33 1/3% of the shares underlying the RSU award vesting on each of the three consecutive anniversaries of the grant date. The vesting of all option and RSU awards is subject to the employee's continued service with the company through the applicable vesting dates.

About Protara Therapeutics, Inc.

Protara is a clinical-stage biotechnology company committed to advancing transformative therapies for people with cancer and rare diseases. Protara’s portfolio includes its lead candidate, TARA-002, an investigational cell-based therapy in development for the treatment of non-muscle invasive bladder cancer (NMIBC) and lymphatic malformations (LMs). The Company is evaluating TARA-002 in an ongoing Phase 2 trial in NMIBC patients with carcinoma in situ (CIS) who are unresponsive or naïve to treatment with Bacillus Calmette-Guérin (BCG), as well as a Phase 2 trial in pediatric patients with LMs. Additionally, Protara is developing IV Choline Chloride, an investigational phospholipid substrate replacement for patients on parenteral nutrition who are otherwise unable to meet their choline needs via oral or enteral routes. For more information, visit

Company Contact:

Justine O'Malley
Protara Therapeutics

646-817-2836

Source: Protara Therapeutics


FAQ

What type of inducement grants did Protara Therapeutics (TARA) announce on July 1, 2025?

Protara announced 29,500 stock options at $2.80 per share and 14,750 RSUs granted to two new employees.

What is the vesting schedule for Protara Therapeutics' (TARA) new stock option grants?

The stock options vest over 4 years, with 25% vesting after one year and 1/36th vesting monthly for the following 36 months.

How do the RSUs vest in Protara Therapeutics' (TARA) July 2025 inducement grants?

The RSUs vest over three years, with 33 1/3% of shares vesting on each anniversary of the grant date.

What was the exercise price for Protara Therapeutics' (TARA) July 2025 stock option grants?

The stock options were granted with an exercise price of $2.80 per share, which was Protara's closing price on July 1, 2025.
Protara Therapeutics Inc

NASDAQ:TARA

TARA Rankings

TARA Latest News

TARA Latest SEC Filings

TARA Stock Data

118.06M
37.15M
3.48%
86.65%
8.08%
Biotechnology
Biological Products, (no Disgnostic Substances)
United States
NEW YORK