Editas Medicine Reports Inducement Grant to New Chief Financial Officer
May 18 2023 - 4:30PM
Editas Medicine, Inc. (Nasdaq: EDIT), a clinical-stage genome
editing company, today announced the grant of an inducement award
to the Company’s newly appointed Chief Financial
Officer, Erick Lucera. In connection with Mr. Lucera’s
appointment, the Editas Medicine Board of Directors approved a
stock option grant to Mr. Lucera as an inducement material
to Mr. Lucera entering into employment with Editas
Medicine in accordance with Nasdaq Listing Rule
5635(c)(4). The stock option provides for the purchase of up
to 155,800 shares of Editas Medicine common stock at a
price of $9.61 per share, the closing price per share
of Editas Medicine common stock as reported by Nasdaq
on the date of grant, and vests over four years, with 25
percent of the shares vesting on the first anniversary of Mr.
Lucera’s employment start date, and the remainder vesting ratably
at the end of each subsequent month thereafter, subject to Mr.
Lucera’s continued service relationship with Editas
Medicine through the applicable vesting dates.
About Editas MedicineAs a
clinical-stage genome editing company, Editas Medicine is focused
on translating the power and potential of the CRISPR/Cas9 and
CRISPR/Cas12a genome editing systems into a robust pipeline of
treatments for people living with serious diseases around the
world. Editas Medicine aims to discover, develop, manufacture, and
commercialize transformative, durable, precision genomic medicines
for a broad class of diseases. Editas Medicine is the exclusive
licensee of Broad Institute and Harvard University’s Cas9 patent
estates and Broad Institute’s Cas12a patent estate for human
medicines. For the latest information and scientific presentations,
please visit www.editasmedicine.com.
Media and Investor Contact
Cristi Barnett
(617) 401-0113
cristi.barnett@editasmed.com
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