Arcus Biosciences Grants New Employees Stock Options and RSUs

Arcus Biosciences has announced new employment inducement grants for two new employees. The grants include options to purchase 7,050 shares of common stock at $21.41 per share and restricted stock units to acquire 3,550 shares. The equity awards were granted under the company's 2020 Inducement Plan, approved by the board of directors in January 2020. The inducement grants aim to attract and retain top talent in the biopharmaceutical industry.