Chimerix announced that on November 20, 2023, the Compensation Committee of Chimerix's Board of Directors granted an inducement award to a new employee of non-qualified stock options to purchase 150,000 shares of Chimerix's common stock. The Compensation Committee of Chimerix's Board of Directors approved the award as an inducement material to the new employee's employment agreement in accordance with Nasdaq Listing rule 5635(c)(4). The stock option has an exercise price per share equal to $1.00 per share, Chimerix's closing trading price on November 20, 2023.