Flexion Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Author's Avatar
Jul 03, 2018
Article's Main Image

BURLINGTON, Mass., July 03, 2018 (GLOBE NEWSWIRE) -- Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced a grant of inducement stock options to nine new employees for an aggregate of 30,700 shares of common stock. The Compensation Committee of the Board of Directors approved the grants with an effective date of July 2, 2018. The stock options have an exercise price of $24.92 per share and were granted as inducements material to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).