eHealth, Inc. Boosts Talent Acquisition with Inducement Grants

eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, recently announced inducement stock unit awards to two new employees, covering an aggregate of 13,000 shares of the Company's common stock. These grants, made under the Company's Amended and Restated 2021 Inducement Plan, are subject to vesting over three years, with one-third of the shares vesting on each of the first, second, and third anniversaries of the award's vesting commencement date, provided the employee continues their service with the Company through each vesting date. This strategic move aligns with eHealth's long-term strategy for attracting and retaining top talent.

The inducement grants, which are material to each new employee's entering into employment with the Company, demonstrate eHealth's commitment to offering competitive compensation packages. By granting stock units, eHealth aligns the interests of its new employees with those of the Company and its shareholders. This alignment can lead to increased employee motivation and engagement, potentially driving better performance and, in turn, a higher stock price.



In addition to the inducement grants, eHealth has granted stock options to Fran Soistman, the newly appointed Chief Executive Officer. These options include a Time-Based Option and a Performance-Based Option, each relating to 100,000 shares of the Company's common stock. The Time-Based Option will vest over four years, with 25% vesting on the first anniversary of his commencement of employment, and the remainder vesting in equal monthly installments over the subsequent three years. The Performance-Based Option will become eligible to vest based on the achievement of stock price goals and will vest on the earlier of the first anniversary of the date that the hurdle was met or the fourth anniversary of the date of grant. These options further illustrate eHealth's approach to aligning executive compensation with long-term performance and shareholder value.

In conclusion, eHealth's inducement grants and stock options for new employees and executives, respectively, are part of the Company's overall compensation structure. These grants align with eHealth's long-term goals, encourage employee retention, and reward performance. By offering competitive compensation packages, eHealth can attract and retain top talent, ultimately driving the Company's success and potentially boosting its stock price.