Arcus Biosciences Announces New Employment Inducement Grants
Arcus Biosciences announced that its Compensation Committee granted a new employee options to purchase 2,850 shares of the company's common stock at an exercise price of $28.72 per share, as a new employment inducement grant.
Why it matters — RCUS watchers would note this as a standard employment inducement grant, which reflects routine share-based compensation for a newly hired employee.