Context Therapeutics Grants Stock Options to New Employees as Hiring Incentive
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Context Therapeutics Inc. has granted non-qualified stock options for 120,000 shares to two new employees, with exercise prices of $1.47 and $1.49 per share. The options have a 10-year term and vest over four years, with one-fourth vesting after the first year and the remainder in thirty-six monthly installments, contingent on continued employment. This announcement serves as a hiring incentive for the new employees.
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