On January 26, 2024 Arcus Biosciences, Inc. (NYSE:RCUS), a clinical-stage, global biopharmaceutical company focused on developing differentiated molecules and combination therapies for people with cancer, reported that the Compensation Committee of the Company’s Board of Directors granted five new employees options to purchase a total of 76,700 shares of the Company’s common stock at an exercise price per share of $15.26, which was the closing price on January 25, 2024, and restricted stock units to acquire a total of 38,350 shares of the Company’s common stock (Press release, Arcus Biosciences, JAN 26, 2024, View Source [SID1234639575]). The equity awards were granted pursuant to the Company’s 2020 Inducement Plan, which was approved by the Company’s Board of Directors in January 2020 pursuant to the "inducement exception" under NYSE Listed Company Manual Rule 303A.08.

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