MindMed Announces Inducement Grants for New Employees with Options Vesting Over Four Years
Reuters
Sep 09
MindMed Announces Inducement Grants for New Employees with Options Vesting Over Four Years
MindMed, a clinical biopharmaceutical company focused on brain health disorders, has announced new compensation terms for five newly hired non-executive employees. The company has issued inducement grants consisting of options to purchase a total of 78,750 common shares. These options have a grant date in late August and early September 2025, with an exercise price based on the closing price of MindMed's shares on the respective grant dates. The options will vest over four years, with 25% vesting after one year and the remainder vesting monthly over the next three years, contingent on continued employment.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mind Medicine (MindMed) Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250908880370) on September 08, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.