Business Wire | Jun 11, 2021 04:08PM EDT

Adamas Announces New Employment Inducement Grant

Jun. 11, 2021

EMERYVILLE, Calif.--(BUSINESS WIRE)--Jun. 11, 2021--Adamas Pharmaceuticals, Inc. (Nasdaq: ADMS) today announced that the compensation committee of the company's board of directors granted three new employees restricted stock units to acquire 22,500 shares of the company's common stock. The restricted stock units vest over three years and were granted pursuant to the Adamas Pharmaceuticals, Inc. 2016 Inducement Plan, which was approved by the company's board of directors in March 2016 under Rule 5653(c)(4) of the Nasdaq Global Market for equity grants to induce new employees to enter into employment with the company.

About Adamas Pharmaceuticals, Inc.

At Adamas our vision is clear - to deliver innovative medicines that reduce the burden of neurological diseases on patients, caregivers and society. We are a fully integrated company focused on growing a portfolio of therapies to address a range of neurological diseases.

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CONTACT: Media: Sarah Mathieson Vice President, Corporate Communications 510-450-3528 smathieson@adamaspharma.com

CONTACT: Investors: Peter Vozzo Westwicke Partners 443-213-0505 peter.vozzo@westwicke.com