Teladoc Health Inc., a leader in virtual care, has announced new compensation terms involving inducement awards granted to new employees. Following the acquisition of Uplift Health Technologies, Inc., four of its employees have been awarded restricted stock units totaling 215,028 shares of Teladoc Health's common stock. These units will vest over two to three years, contingent on continued service. Additionally, a new non-executive employee has been granted restricted stock units covering 52,300 shares, with a vesting schedule of one-third on the first anniversary of the grant date and the remainder vesting quarterly over the following two years. These awards were approved by Teladoc Health's Compensation Committee and are part of the 2023 Employment Inducement Incentive Award Plan, in line with NYSE Rule 303A.08.
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