Senseonics Announces Equity Grants To Employees Under Inducement Plan
05 Janvier 2023 - 11:58PM
Business Wire
Senseonics Holdings, Inc. (NYSE American: SENS), a medical
technology company focused on the development and manufacturing of
long-term, implantable continuous glucose monitoring (CGM) systems
for people with diabetes, today announced that it had made equity
grants to new employees under its 2019 Inducement Plan (the “Plan”)
in accordance with NYSE American Company Guide Section 711(a).
On January 5, 2023, the Senseonics Compensation Committee
granted 10 new non-executive employees non-qualified stock options
to purchase an aggregate of 115,000 shares of the Company’s common
stock as an inducement for such employees to join the Company. The
options have an exercise price of $1.02 per share, which was the
closing price of the Company’s common stock on the NYSE American on
January 5, 2023. In each case, 25% of the shares underlying the
options will vest on the first anniversary of the employee’s start
date, with the remainder vesting in monthly installments over the
subsequent three year period, in all cases contingent on such
employee’s continued service with the Company at the applicable
vesting date.
About Senseonics
Senseonics Holdings, Inc. (“Senseonics”) is a medical technology
company focused on the development and manufacturing of glucose
monitoring products designed to transform lives in the global
diabetes community with differentiated, long-term implantable
glucose management technology. Senseonics' CGM systems, Eversense®,
Eversense® XL and Eversense® E3 include a small sensor inserted
completely under the skin that communicates with a smart
transmitter worn over the sensor. The glucose data are
automatically sent every 5 minutes to a mobile app on the user's
smartphone.
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version on businesswire.com: https://www.businesswire.com/news/home/20230105006038/en/
Senseonics Investor Contact Philip Taylor Investor
Relations 415-937-5406 investors@senseonics.com
Senseonics (AMEX:SENS)
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