Esperion Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4) – QNT Press Release

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Ann Arbor, Michigan, July 1, 2021 (Global News Agency)-Esperion (NASDAQ:ESPR) Announced today that on June 28, 2021, the Compensation Committee of Esperion’s Board of Directors granted 31 new employees (i) non-qualified stock options to purchase a total of 88,692 shares of their common stock, all of which were awarded to JoAnne Foody, the company’s newly appointed Chief Medical Officer Officer, and (ii) 99,313 restricted stock units (RSU), of which 62,528 shares were granted to Ms. Foody under Esperion’s 2017 induced equity incentive plan.

The 2017 Incentive Equity Incentive Plan is specifically used to grant equity awards to individuals who were not former employees of Esperion or non-employee directors (or after the real non-employment period) as incentive materials…

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