The Medicines Co. (MDCO) announced that in accordance with NASDAQ Marketplace Rule 5635, the company issued new inducement stock options to five new hires.
The inducement stock options cover 6 thousand shares of common stock and are classified as non-qualified stock options with an exercise price equal to the fair market value on the grant date.
The company said that the options have a 10-year term and vest over four years, with 25% of these options will vest on the date one year from the optionee's hire date, the remainder will vest in monthly increments during the following 36 months.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.