Syros Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
April 02 2024 - 4:30PM
Business Wire
Syros Pharmaceuticals (NASDAQ:SYRS), a biopharmaceutical company
committed to advancing new standards of care for the frontline
treatment of hematologic malignancies, today announced the grant of
a restricted stock unit (RSU) award for 8,400 shares of Syros
common stock to one newly hired employee in connection with
commencing employment with Syros. This RSU was granted as a
material inducement to employment in accordance with Nasdaq Listing
Rule 5635(c)(4).
The award was granted on March 29, 2024, and vests as to
one-quarter of the shares on March 31, 2025, and as to an
additional one-quarter of the shares at the end of each successive
year thereafter, subject to the employee’s continued service with
Syros. These awards are subject to the terms and conditions of a
restricted stock unit agreement covering the awards and Syros’ 2022
Inducement Stock Incentive Plan.
About Syros Pharmaceuticals
Syros is committed to developing new standards of care for the
frontline treatment of patients with hematologic malignancies.
Driven by the motivation to help patients with blood disorders that
have largely eluded other targeted approaches, Syros is developing
tamibarotene, an oral selective RARα agonist in frontline patients
with higher-risk myelodysplastic syndrome and acute myeloid
leukemia with RARA gene overexpression. For more information, visit
www.syros.com and follow us on Twitter (@SyrosPharma) and
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240402068298/en/
Syros Contact Karen Hunady Director of Corporate
Communications & Investor Relations 1-857-327-7321
khunady@syros.com
Investor Contact Hannah Deresiewicz Stern Investor
Relations, Inc. 212-362-1200 hannah.deresiewicz@sternir.com
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