PURCHASE, NY, Dec. 07, 2023 (GLOBE NEWSWIRE) - Teladoc Health, Inc. (NYSE:TDOC), the global leader in whole-person virtual care, today announced that it issued inducement awards to three new employees.
Effective December 1, 2023 and December 5, 2023, in connection with commencing employment, three new non-executive employees of Teladoc Health were granted options to purchase an aggregate of 106,255 shares of Teladoc Health’s common stock, par value $0.001 per share (the “Common Stock”), at a purchase price per share of $18.97 and $18.51, respectively, and awards of restricted stock units covering an aggregate of 86,154 shares of Common Stock. The stock options vest, based on continued service to Teladoc Health, as to twenty-five percent of the underlying shares on December 1, 2024, with the remainder of the options vesting monthly over three years thereafter. The restricted stock units vest, based on continued service to Teladoc Health, as to one-third of the underlying shares...