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Press release content from Business Wire. The AP news staff was not involved in its creation.

Adamas Announces New Employment Inducement Grants

October 8, 2021 GMT

EMERYVILLE, Calif.--(BUSINESS WIRE)--Oct 8, 2021--

Adamas Pharmaceuticals, Inc. (Nasdaq: ADMS) today announced that the compensation committee of the company’s board of directors granted eight new employees restricted stock units to acquire 106,500 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. For more information, please visit www.adamaspharma.com.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20211008005299/en/

CONTACT: Media:

Sarah Mathieson

Vice President, Corporate Communications

510-450-3528

smathieson@adamaspharma.comInvestors:

Peter Vozzo

Westwicke Partners

443-213-0505

peter.vozzo@westwicke.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: BIOTECHNOLOGY PHARMACEUTICAL HEALTH

SOURCE: Adamas Pharmaceuticals, Inc.

Copyright Business Wire 2021.

PUB: 10/08/2021 04:15 PM/DISC: 10/08/2021 04:16 PM

http://www.businesswire.com/news/home/20211008005299/en