Exhibit 10.1
ACADIA PHARMACEUTICALS INC.
NONSTATUTORY STOCK OPTION GRANT NOTICE
(2010 EQUITY INCENTIVE PLAN)
ACADIA PHARMACEUTICALS INC. (the “Company”), pursuant to its 2010 Equity Incentive Plan, as amended (the “Plan”), hereby grants to Optionholder an option to purchase the number of shares of the Company’s Common Stock set forth below. This option is subject to all of the terms and conditions as set forth herein and in the Stock Option Agreement, the Plan and the Notice of Exercise, all of which are included herewith and incorporated herein in their entirety.
Optionholder: | %%FIRST_NAME_MIDDLE_NAME_LAST_NAME%-% |
Date of Grant: | %%OPTION_DATE,'Month DD, YYYY'%-% |
Vesting Commencement Date: | %%VEST_BASE_DATE,'Month DD, YYYY'%-% |
Number of Shares Subject to Option: | %%TOTAL_SHARES_GRANTED,'999,999,999'%-% |
Exercise Price (Per Share): | %%OPTION_PRICE,'$999,999,999.99'%-% |
Total Exercise Price: | %%TOTAL_OPTION_PRICE,'$999,999,999.99'%-% |
Expiration Date: | %%EXPIRE_DATE_PERIOD1,'Month DD, YYYY'%-% |
Exercise Schedule: Same as Vesting Schedule
Vesting Schedule: 1/4th of the shares vest one year after the Vesting Commencement Date.
1/48th of the shares vest monthly thereafter over the next three years.
Payment: By one or a combination of the following items (described in the Stock Option Agreement):
By cash or check
Pursuant to a Regulation T Program if the shares are publicly traded
By delivery of already-owned shares if the shares are publicly traded
Additional Terms/Acknowledgements: The undersigned Optionholder acknowledges receipt of, and understands and agrees to, this Grant Notice, the Stock Option Agreement and the Plan. Optionholder further acknowledges that as of the Date of Grant, this Grant Notice, the Stock Option Agreement and the Plan set forth the entire understanding between Optionholder and the Company regarding the acquisition of stock in the Company and supersede all prior oral and written agreements on that subject with the exception of (i) options previously granted and delivered to Optionholder and (ii) the agreements listed below only:
N/A
ENCLOSURES: 2010 Equity Incentive Plan, Stock Option Agreement and Notice of Exercise
1.
ACADIA Pharmaceuticals Inc.
2010 Equity Incentive Plan
Stock Option Agreement
(Incentive Stock Option or Nonstatutory Stock Option)
Pursuant to your Stock Option Grant Notice (“Grant Notice”) and this Stock Option Agreement, ACADIA Pharmaceuticals Inc. (the “Company”) has granted you an option under its 2010 Equity Incentive Plan (the “Plan”) to purchase the number of shares of the Company’s Common Stock indicated in your Grant Notice at the exercise price indicated in your Grant Notice. Defined terms not explicitly defined in this Stock Option Agreement but defined in the Plan shall have the same definitions as in the Plan.
The details of your option are as follows:
2.
3.
4.
5.
6.