LANGHORNE, PA — Savara Inc. (Nasdaq: SVRA) announced it has granted inducement awards to two new employees.
On July 15, 2025, Savara’s Compensation Committee approved these awards, consisting of options to purchase 20,000 shares of common stock and restricted stock units (RSUs) covering 20,000 shares. The awards were issued under the Savara Inc. 2021 Inducement Equity Incentive Plan, in line with NASDAQ Rule 5635(c)(4), as an incentive for the employees to join the company.
The options have an exercise price of $2.29 per share, the closing price of the stock on the grant date. Each option has a 10-year term and vests at 1/16th of the shares each quarter, starting from the employee’s first day, subject to continued employment. The RSUs fully vest after two years, contingent on continued employment.
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