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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Protara Therapeutics Inc | NASDAQ:TARA | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.69 | 1.50 | 2.04 | 0 | 09:16:39 |
Each stock option has an exercise price per share equal to $51.12 per share, Protara’s closing trading price on June 1, 2020, the grant date, and will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the individual’s start date and 1/48th of the underlying shares vesting monthly thereafter over 36 months subject to the new employee's continued service relationship with Protara through the applicable vesting dates.
The Compensation Committee of Protara’s Board of Directors approved the awards as an inducement material to the new employees’ employment in accordance with NASDAQ Listing Rule 5635(c)(4).
About Protara Therapeutics
Protara is focused on identifying and optimizing product candidates for patients suffering from rare and specialty diseases where there is a significant unmet need. Protara’s current development programs focus on the treatment of rare diseases in structural and connective tissues, as well as rare hepatology/gastrointestinal and metabolic disorders. The Company’s lead program, TARA-002, is being developed for the treatment of lymphatic malformations. Protara’s second program, IV choline chloride, is a phospholipid substrate replacement therapy in development for the treatment of intestinal failure-associated liver disease.
Company Contact:
Blaine Davis Protara Therapeutics Blaine.Davis@protaratx.com 646-844-0337
1 Year Protara Therapeutics Chart |
1 Month Protara Therapeutics Chart |
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