Myovant Sciences Announces New Employment Inducement Grants Under NYSE Rule 303A.08
17 November 2022 - 8:45AM
Myovant Sciences (NYSE: MYOV), a biopharmaceutical
company that aspires to redefine care for women and for men through
purpose-driven science, empowering medicines, and transformative
advocacy, today announced that it approved equity awards for 18 new
employees with a grant date of November 15, 2022 pursuant
to Myovant’s 2020 Inducement Plan. The equity awards were granted
to the employees joining Myovant in accordance with
NYSE’s Listed Company Manual Rule 303A.08.
The new employees received, in the aggregate, restricted stock
units (RSUs) to purchase 149,300 common shares of Myovant.
One-fourth of the shares underlying each employee’s RSU will vest
on the one-year anniversary of the grant date, with the balance of
the common shares vesting in twelve equal quarterly installments
thereafter, in each case, subject to each such employee’s continued
employment with Myovant on such vesting dates. The RSUs
are subject to the terms and conditions of the 2020 Inducement Plan
and the applicable RSU agreements.
About Myovant SciencesMyovant
Sciences aspires to redefine care for women and men through
purpose-driven science, empowering medicines, and transformative
advocacy worldwide. Founded in 2016, Myovant has executed
multiple successful Phase 3 clinical trials across
hormone-sensitive oncology and women’s health leading to five
regulatory approvals in the United
States and Europe. Myovant and its partners
continue to file for additional indications of its lead products as
well as continue further development of pipeline
assets. Sumitovant Biopharma Ltd., a wholly owned subsidiary
of Sumitomo Pharma Co., Ltd., is Myovant’s majority shareholder.
For more information, please visit www.myovant.com.
Myovant Sciences ContactsInvestor
Contact:Uneek MehraChief Financial and Business
OfficerMyovant Sciences, Inc.investors@myovant.com
Media Contact:Noelle Cloud DuganVice President,
Corporate CommunicationsMyovant Sciences,
Inc.media@myovant.com
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