|By Marketwired .||
|June 6, 2014 04:45 PM EDT||
DEERFIELD, IL -- (Marketwired) -- 06/06/14 -- Horizon Pharma, Inc. (NASDAQ: HZNP) today announced that on June 6, 2014 the Compensation Committee of its Board of Directors granted inducement awards to five new employees.
Effective on June 6, 2014, the Compensation Committee granted: (1) stock options to five new non-executive employees to purchase up to 143,800 shares of Horizon's common stock, with a per share exercise price equal to $14.48, the fair market value on the grant date, that will vest over four years, with 25% of the underlying shares vesting after one year and an additional 1/48th of the underlying shares vesting monthly thereafter, subject to the employee's continuous service through each vesting date; and (2) restricted stock unit awards to two of the five new non-executive employees representing the right to receive up to 104,800 shares of Horizon's common stock, with 1/4th of the shares subject to the award vesting on each anniversary of the grant date, subject to the employee's continuous service through each vesting date.
The awards described above were granted under Horizon's 2011 Equity Incentive Plan as inducements material to the new employees entering into employment with Horizon Pharma in accordance with NASDAQ Listing Rule 5635(c)(4).
About Horizon Pharma
Horizon Pharma, Inc. is a commercial stage, specialty pharmaceutical company that markets DUEXIS®, VIMOVO® and RAYOS®/LODOTRA®, which target unmet therapeutic needs in arthritis, pain and inflammatory diseases. The Company's strategy is to develop, acquire or in-license additional innovative medicines where it can execute a targeted commercial approach among specific target physicians such as primary care physicians, orthopedic surgeons, and rheumatologists, while taking advantage of its commercial strengths and the infrastructure the Company has put in place. For more information, please visit www.horizonpharma.com.
Robert J. De Vaere
Executive Vice President and Chief Financial Officer
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jul. 25, 2016 10:30 AM EDT Reads: 1,924
Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users** -- including 600 million monthly active mobile users*** through its search, communications and digital content products. Yahoo also co...
Jul. 25, 2016 10:30 AM EDT Reads: 103
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 25, 2016 10:15 AM EDT Reads: 1,851
Jul. 25, 2016 10:00 AM EDT Reads: 951
Jul. 25, 2016 09:45 AM EDT Reads: 1,644
Jul. 25, 2016 09:45 AM EDT Reads: 674
Jul. 25, 2016 09:45 AM EDT Reads: 1,114
Jul. 25, 2016 09:30 AM EDT Reads: 2,094
Jul. 25, 2016 09:30 AM EDT Reads: 896
Jul. 25, 2016 09:30 AM EDT Reads: 666
Jul. 25, 2016 09:15 AM EDT Reads: 1,979
Jul. 25, 2016 09:12 AM EDT Reads: 233
Jul. 25, 2016 09:00 AM EDT Reads: 2,327
Jul. 25, 2016 08:50 AM EDT Reads: 278
Jul. 25, 2016 08:30 AM EDT Reads: 1,557