Atara Biotherapeutics, Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
07 September 2024 - 6:01AM
Business Wire
Atara Biotherapeutics, Inc. (Nasdaq: ATRA), a leader in T-cell
immunotherapy, leveraging its novel allogeneic Epstein-Barr virus
(EBV) T-cell platform to develop transformative therapies for
patients with cancer and autoimmune diseases, today reported the
grant of 3,700 restricted stock units of Atara’s common stock to
one newly hired employee. This award was approved by the
Compensation Committee of Atara’s Board of Directors and granted
under the Atara Biotherapeutics, Inc. 2018 Inducement Plan, with a
grant date of September 3, 2024, as an inducement material to the
new employee entering into employment with Atara, in accordance
with Nasdaq Listing Rule 5635(c)(4).
The restricted stock units vest over four years, with 25 percent
vesting on the first quarterly vesting date after the first
anniversary of the vesting commencement date and the remainder
vesting in 12 approximately equal quarterly installments over the
following three years, subject to the employee being continuously
employed by Atara as of such vesting dates.
Atara is providing this information in accordance with Nasdaq
Listing Rule 5635(c)(4).
About Atara Biotherapeutics, Inc.
Atara is harnessing the natural power of the immune system to
develop off-the-shelf cell therapies for difficult-to-treat cancers
and autoimmune conditions that can be rapidly delivered to patients
from inventory. With cutting-edge science and differentiated
approach, Atara is the first company in the world to receive
regulatory approval of an allogeneic T-cell immunotherapy. Our
advanced and versatile T-cell platform does not require T-cell
receptor or HLA gene editing and forms the basis of a diverse
portfolio of investigational therapies that target EBV, the root
cause of certain diseases, in addition to next-generation
AlloCAR-Ts designed for best-in-class opportunities across a broad
range of hematological malignancies and B-cell driven autoimmune
diseases. Atara is headquartered in Southern California. For more
information, visit atarabio.com and follow @Atarabio on X and
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240906022551/en/
Investor and Media Relations: Jason Awe, Ph.D. Head of
Corporate Communications & Investor Relations (805) 217-2287
jawe@atarabio.com
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