Stock Units
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Neuronetics Announces Inducement Grant per Nasdaq Listing Rule 5635(c)(4)
Neuronetics, Inc. has granted inducement awards to a new non-executive employee. The compensation includes Performance Restricted Stock Units (PRSUs), vesting upon achieving cash flow breakeven targets, and Restricted Stock Units (RSUs), vesting over three years. These awards are part of the company’s 2020 Inducement Incentive Plan, and are subject to continued employment. Neuronetics focuses on treating neurohealth disorders with its NeuroStar Advanced Therapy, a non-invasive treatment for MDD and other conditions.
