GoHealth Studies Inducement Grant Beneath Nasdaq Itemizing Rule 5635(c)(4)

CHICAGO, Nov. 18, 2022 /PRNewswire/ — GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a number one medical insurance market and Medicare-focused digital well being firm, at this time reported that on November 14, 2022, the Firm granted equity-based awards pursuant to the Firm’s 2021 Inducement Award Plan to Jay Sreedharan, the Firm’s newly employed chief know-how officer. The inducement grant was permitted by a majority of the Firm’s Unbiased Administrators and was made as a fabric inducement to the worker’s acceptance of employment with the Firm in accordance with Nasdaq Itemizing Rule 5635(c)(4) as a element of his employment compensation.

The inducement grant consisted of two,500,000 restricted inventory items (“RSUs”) for shares of the Firm’s frequent inventory. Because of the reverse inventory cut up effectuated by GoHealth on November 17, 2022, such grant might be equitably adjusted to include 166,666 RSUs. 

The RSUs vest over three years, with 1/third of every vesting on November 14 of 2023, 2024 and 2025. The vesting of every grant is topic to the worker’s continued service with the Firm by means of the relevant vesting date. The inducement grant is topic to the phrases and situations of award agreements protecting the grant and the Firm’s 2021 Inducement Inventory Incentive Plan.

About GoHealth, Inc.:

As a number one medical insurance market and Medicare-focused digital well being firm, GoHealth’s mission is to enhance entry to healthcare in America. Enrolling in a medical insurance plan might be complicated for purchasers, and the seemingly small variations between plans can result in important out-of-pocket prices or lack of entry to essential medicines and even suppliers. GoHealth combines cutting-edge know-how, knowledge science and deep business experience to match clients with the healthcare coverage and provider that’s proper for them. GoHealth has enrolled thousands and thousands of individuals in Medicare plans and particular person and household plans. For extra data, go to https://www.gohealth.com.

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SOURCE GoHealth, Inc.

GoHealth Studies Inducement Grant Beneath Nasdaq Itemizing Rule 5635(c)(4)

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