Following this reverse stock split, each grant totals 100 RSUs). These RSUs vest equally over three years, with one-third of the shares vesting each year starting from the employee's date of hire.
All RSUs described above were granted as an inducement material to the new employee's acceptance of employment with the Company and were approved by the Compensation Committee of the Board. Vesting of the RSUs is subject to the employee's continued service with Jaguar through the applicable vesting dates.
About
Forward-Looking Statements
Certain statements in this press release constitute 'forward-looking statements.' In some cases, you can identify forward-looking statements by terms such as 'may,' 'will,' 'should,' 'expect,' 'plan,' 'aim,' 'anticipate,' 'could,' 'intend,' 'target,' 'project,' 'contemplate,' 'believe,' 'estimate,' 'predict,' 'potential' or 'continue' or the negative of these terms or other similar expressions. The forward-looking statements in this release are only predictions. Jaguar has based these forward-looking statements largely on its current expectations and projections about future events. These forward-looking statements speak only as of the date of this release and are subject to a number of risks, uncertainties and assumptions, some of which cannot be predicted or quantified and some of which are beyond Jaguar's control. Except as required by applicable law, Jaguar does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.
Contact:
Email: phodge@jaguar.health
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