 The Compensation Committee of the Board of Directors approved the grants with an effective date of May 29, 2020. The stock options were granted as inducements material to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635c4. The stock options have an exercise price of 7.63 per share and vest over four years, with 25 of the shares vesting on the one-year anniversary of the applicable vesting commencement date and 148 of the shares vesting monthly thereafter, subject to the new employees continued service relationship with the Company. 