SANTA CLARA, Calif., April 1, 2022 /PRNewswire/ — eHealth, Inc. (Nasdaq: EHTH), a foremost private on the internet wellness insurance policies marketplace (the “Enterprise”), these days announced that on April 1, 2022, pursuant to the phrases previously declared by eHealth on February 28, 2022, the Compensation Committee of its Board of Administrators granted inducement stock device awards to Roman Rariy, an staff of eHealth, Inc. who was appointed the Main Running Officer and Chief Transformation Officer of eHealth, Inc. effective March 1, 2022. Every of these awards was granted underneath the Company’s Amended and Restated 2021 Inducement Plan (the “Inducement System”) and in any other case will be matter to the phrases and circumstances of a inventory unit agreement below the Inducement System.
Mr. Rariy gained two restricted inventory unit awards. The initial restricted inventory unit award covers 76,688 shares of the Firm’s frequent inventory and will be topic to vesting over four several years, with 25% vesting on the initially anniversary of the vesting graduation day of March 10, 2022, and the remainder vesting in equal quarterly installments in excess of the subsequent 3 years, matter to possible acceleration on particular terminations of employment. The 2nd limited inventory device award addresses 76,688 shares of the Firm’s widespread inventory and will turn into suitable to vest based on the achievement of inventory selling price plans, and will then vest on the first anniversary of the day that the hurdle was fulfilled, subject to ongoing company as a result of the vesting date (and prospective acceleration on sure terminations of work).
The inventory device awards had been granted as inducements material to Mr. Rariy moving into into work with eHealth, Inc. in accordance with NASDAQ Listing Rule 5635(c)(4).
About eHealth, Inc.
eHealth, Inc. (NASDAQ: EHTH) operates a major overall health insurance coverage market at eHealth.com and eHealthMedicare.com with know-how that gives buyers with health and fitness insurance policies enrollment remedies. Since 1997, we have connected much more than 8 million users with good quality, cost-effective wellbeing insurance plan, Medicare selections, and ancillary options. Our proprietary market delivers Medicare Advantage, Medicare Nutritional supplement, Medicare Section D prescription drug, unique, household, modest business and other options from more than 200 wellness insurance plan carriers throughout fifty states and the District of Columbia.
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