- LENSAR (LNSR, Financial) granted inducement awards to three new non-executive employees.
- A total of 660 restricted stock units (RSUs) were issued under the 2024 Employment Inducement Incentive Award Plan.
- RSUs will vest in four equal annual installments, contingent on continued employment.
LENSAR, Inc. (Nasdaq: LNSR) has announced the granting of inducement awards to three newly-hired non-executive employees. A total of 660 restricted stock units (RSUs) were issued as part of this compensation package, which was approved by the majority of the independent members of the company’s board of directors. The awards were granted effective July 1, 2025, in accordance with Nasdaq Listing Rule 5635(c)(4).
Each RSU represents a contingent right to receive one share of the company’s common stock. They are designed to vest in four equal annual installments, provided that the employees remain with LENSAR through the applicable vesting dates. These inducement awards are governed by the terms stipulated in the company's 2024 Employment Inducement Incentive Award Plan and the associated restricted stock unit agreement.
LENSAR is a commercial-stage medical device company known for its innovative technologies in cataract and astigmatism treatment. Their flagship product, the ALLY Robotic Cataract Laser System™, integrates advanced AI with dual-modality laser technology to enhance surgical outcomes while maintaining operational efficiency.
