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Xenon Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

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Xenon Pharmaceuticals (Nasdaq: XENE) has announced equity inducement grants to six new non-officer employees, consisting of 24,200 share options. The options were granted with an exercise price of $30.54 per common share, matching the closing price on July 31, 2025.

The share options feature a four-year vesting schedule, with 25% vesting after one year and the remaining vesting monthly over three years. Each option has a 10-year term and is subject to the company's 2025 Inducement Equity Incentive Plan.

Xenon Pharmaceuticals (Nasdaq: XENE) ha annunciato concessioni di incentivi azionari a sei nuovi dipendenti non dirigenti, per un totale di 24.200 opzioni su azioni. Le opzioni sono state assegnate con un prezzo di esercizio di 30,54 $ per azione ordinaria, corrispondente al prezzo di chiusura del 31 luglio 2025.

Le opzioni prevedono un piano di maturazione quadriennale, con il 25% che matura dopo un anno e il restante che matura mensilmente nei successivi tre anni. Ogni opzione ha una durata di 10 anni ed è soggetta al Piano di Incentivi Azionari 2025 della società.

Xenon Pharmaceuticals (Nasdaq: XENE) ha anunciado concesiones de incentivos en acciones para seis nuevos empleados no ejecutivos, que consisten en 24.200 opciones sobre acciones. Las opciones se otorgaron con un precio de ejercicio de 30,54 $ por acción común, igualando el precio de cierre del 31 de julio de 2025.

Las opciones cuentan con un programa de adquisición de derechos de cuatro años, con un 25 % que se adquiere después de un año y el resto que se adquiere mensualmente durante los siguientes tres años. Cada opción tiene un plazo de 10 años y está sujeta al Plan de Incentivos de Capital de Inducción 2025 de la empresa.

Xenon Pharmaceuticals (나스�: XENE)6명의 신규 비임� 직원에게 24,200� 옵션 형태� 주식 유인 보상� 발표했습니다. � 옵션은 2025� 7� 31� 종가� 주당 30.54달러� 행사가격으� 부여되었습니다.

주식 옵션은 4년간� 베스� 일정� 가지�, 1� � 25%가 베스팅되� 나머지� 3� 동안 매월 베스팅됩니다. � 옵션은 10� 만기이며 회사� 2025� 유인 주식 인센티브 계획� 따라 적용됩니�.

Xenon Pharmaceuticals (Nasdaq : XENE) a annoncé des attributions d'incitations en actions à six nouveaux employés non cadres, comprenant 24 200 options d'achat d'actions. Les options ont été attribuées avec un prix d'exercice de 30,54 $ par action ordinaire, correspondant au cours de clôture du 31 juillet 2025.

Les options d'achat d'actions suivent un calendrier d'acquisition de droits sur quatre ans, avec 25 % acquis après un an et le reste acquis mensuellement sur les trois années suivantes. Chaque option a une durée de 10 ans et est soumise au Plan d'incitation en actions 2025 de la société.

Xenon Pharmaceuticals (Nasdaq: XENE) hat Aktienanreiz-Zuteilungen an sechs neue Nicht-Führungskräfte bekannt gegeben, bestehend aus 24.200 Aktienoptionen. Die Optionen wurden zu einem Ausübungspreis von 30,54 $ pro Stammaktie gewährt, entsprechend dem Schlusskurs vom 31. Juli 2025.

Die Aktienoptionen unterliegen einem vierjährigen Vesting-Zeitplan, wobei 25 % nach einem Jahr freigegeben werden und der Rest monatlich über drei Jahre verteilt vestet. Jede Option hat eine Laufzeit von 10 Jahren und unterliegt dem Aktienanreizplan 2025 des Unternehmens.

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VANCOUVER, British Columbia and BOSTON, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Xenon Pharmaceuticals Inc. (Nasdaq: XENE), a neuroscience-focused biopharmaceutical company dedicated to discovering, developing, and delivering life-changing therapeutics for patients in need, today announced equity inducement grants to six new non-officer employees consisting of an aggregate of 24,200 share options. All of the foregoing share options were approved by the Compensation Committee of the Company’s Board of Directors with an effective date of July 31, 2025 and were granted as inducements material to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).

The share options have an exercise price of $30.54 per common share, which is equal to the closing price per share of Xenon’s common shares on the grant date of July 31, 2025. The share option grants vest over four years, with 25% vesting on the one-year anniversary of the respective employee’s start date and 1/36th of the remaining options vesting monthly thereafter on the last day of each month, subject to such option recipient’s continued service relationship with the Company. Each option has a 10-year term and is subject to the terms and conditions of the share option agreement and the terms of the Company’s 2025 Inducement Equity Incentive Plan.

About Xenon Pharmaceuticals Inc.

Xenon Pharmaceuticals (Nasdaq: XENE) is a neuroscience-focused biopharmaceutical company dedicated to discovering, developing, and delivering life-changing therapeutics. We are advancing an ion channel product portfolio to address areas of high unmet medical need, including epilepsy and depression. Azetukalner, a novel, highly potent, selective Kv7 potassium channel opener, represents the most advanced, clinically validated potassium channel modulator in late-stage clinical development for multiple indications. For more information, please visit .

“Xenon� and the Xenon logo are registered trademarks or trademarks of Xenon Pharmaceuticals Inc. in various jurisdictions. All other trademarks belong to their respective owner.

Contacts:
For Investors:
Chad Fugere
Vice President, Investor Relations
(857) 675-7275

For Media:
Colleen Alabiso
Senior Vice President, Corporate Affairs
(617) 671-9238


FAQ

What are the details of Xenon Pharmaceuticals' (XENE) latest equity inducement grants?

Xenon granted 24,200 share options to six new non-officer employees at an exercise price of $30.54 per share, with a four-year vesting schedule and 10-year term.

What is the vesting schedule for XENE's July 2025 inducement grants?

The options vest over four years, with 25% vesting after one year and 1/36th of the remaining options vesting monthly thereafter.

What is Xenon Pharmaceuticals' (XENE) main business focus?

Xenon is a neuroscience-focused biopharmaceutical company developing ion channel products for epilepsy and depression, with their lead candidate azetukalner in late-stage clinical development.

What is the exercise price for XENE's July 2025 inducement grants?

The share options have an exercise price of $30.54 per common share, equal to the closing price on July 31, 2025.
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