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Celladon Corporation Reports Inducement Grants Under NASDAQ Listing Rule 5635

2015-03-16 15:27:45| Trucking - Topix.net

Celladon Corporation , a clinical-stage biotechnology company with industry-leading expertise in the development of cardiovascular gene therapy, today announced that on March 9, 2015 the Compensation Committee of the Company's Board of Directors approved the grant of inducement stock options to purchase a total of 40,000 shares of common stock to three new employees, with two of such grants having a grant date of March 9, 2015 and the third having a grant date of March 11, 2015 , with each such grant date corresponding to the employees' respective hire dates. Each of the March 9 Grants has an exercise price per share equal to $24.89, the fair market value on the grant date of the March 9 Grants.

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