PTC Therapeutics reported inducement equity awards for 18 new employees, consisting of stock options covering 14,550 shares and 17,515 restricted stock units. The stock options have an exercise price of USD 68.56 per share and a 10-year term. The options vest over four years, with 25% vesting on the first anniversary and 6.25% vesting each quarter thereafter. The restricted stock units vest over four years, with 25% vesting on each annual anniversary.
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