LANGHORNE, PA — Savara Inc. (Nasdaq: SVRA) recently granted equity inducement awards to 24 newly hired employees on April 14, 2026, under its 2021 Inducement Equity Incentive Plan.
The awards include stock options to purchase 18,500 shares, restricted stock units covering 141,000 shares, and performance stock units covering 85,000 shares of common stock.
The grants were made under Nasdaq Listing Rule 5635(c)(4) as an inducement for new employees to join the company.
The stock options have an exercise price of $6.07 per share, equal to the company’s closing stock price on the grant date, and carry a 10-year term.
Options vest quarterly over time, while restricted stock units vest after two years of continued employment.
Performance stock units vest upon the company achieving specified quarterly revenue targets, subject to continued employment.
Savara is a clinical-stage biopharmaceutical company developing therapies for rare respiratory diseases.
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