5/8/2014 10:42:41 AM
CAMBRIDGE, Mass., May 7, 2014 (GLOBE NEWSWIRE) -- Aegerion Pharmaceuticals, Inc. (Nasdaq:AEGR), a biopharmaceutical company dedicated to the development and commercialization of innovative therapies for patients with debilitating rare diseases, today announced that on May 1, 2014, Aegerion granted stock options to purchase an aggregate of 27,750 shares of common stock to 16 new employees under the inducement stock option program described below. Each stock option has an exercise price per share equal to $45.53, the closing price of Aegerion's common stock on the grant date; vests 25% on the first anniversary of the date of grant with the remaining 75% to vest in monthly installments over the three years thereafter; has a ten year term; and is subject to the terms and conditions of Aegerion's Inducement Award Stock Option Plan, and the terms and conditions of a stock option agreement covering the grant.
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