Teladoc Health Announces Employee Inducement Awards under NYSE Rule 303A.08
05 Março 2025 - 8:00PM
Teladoc Health, Inc. (NYSE:TDOC), the global leader in virtual
care, today announced that it issued inducement awards to 21 new
employees.
Effective February 28, 2025 and March 1, 2025, in connection
with the acquisition of Catapult Health on February 28, 2025, 19
employees of Catapult Health were granted awards of restricted
stock units covering an aggregate of 365,282 shares of Teladoc
Health’s common stock, par value $0.001 per share (“Common Stock”),
and awards of performance stock units covering a target of 324,270
shares of Common Stock. The restricted stock units vest, based on
continued service to Teladoc Health, over two or three years. The
performance stock units provide a target number of shares of Common
Stock that would be earned over two years based on various
financial and operational metrics of Catapult Health and Teladoc
Health.
Also, effective March 1, 2025, in connection with commencing
employment, two additional new non-executive employees of Teladoc
Health were granted awards of restricted stock units covering an
aggregate of 155,523 shares of Common Stock and awards of
performance stock units covering a target of 125,523 shares of
Common Stock (for which up to 251,046 shares may be earned). The
restricted stock units vest, based on continued service to Teladoc
Health, as to one-third of the underlying shares on the first
anniversary of the grant date, with the remainder vesting quarterly
over two years thereafter. The performance stock units provide a
target number of shares of Common Stock that would be earned over
three years based on various financial metrics.
The awards were approved by the Compensation Committee of the
Board of Directors of Teladoc Health and were granted under the
Teladoc Health, Inc. 2023 Employment Inducement Incentive Award
Plan as employment inducement awards pursuant to New York Stock
Exchange Rule 303A.08.
About Teladoc Health
Teladoc Health empowers all people everywhere to live their
healthiest lives by transforming the healthcare experience. As the
world leader in virtual care, Teladoc Health uses proprietary
health signals and personalized interactions to drive better health
outcomes across the full continuum of care, at every stage in a
person’s health journey. Teladoc Health leverages more than two
decades of expertise and data-driven insights to meet the growing
virtual care needs of consumers and healthcare professionals. For
more information, please visit www.teladochealth.com
Media:
Lou Serio
202-569-9715
pr@teladochealth.com
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