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Amwell® makes grants to new employees under inducement plan

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Amwell (NYSE: AMWL) has announced the issuance of Restricted Stock Units (RSUs) to four new employees as employment inducements. The grants, approved by the company's Compensation Committee, total 16,737 shares of Class A common stock. The vesting schedule includes 25% of RSUs vesting on the first anniversary of the grant date, with the remaining 75% vesting in equal increments every three months over the following three years, contingent on continued employment. These grants were made under Amwell's Inducement Plan and comply with NYSE's Listed Company Manual Rule 303A.08.

Amwell (NYSE: AMWL) ha annunciato l'emissione di Restricted Stock Units (RSUs) a quattro nuovi dipendenti come incentivo all'assunzione. Le concessioni, approvate dal Comitato per la Compensazione dell'azienda, ammontano a un totale di 16.737 azioni di azioni ordinarie di Classe A. Il piano di maturazione prevede che il 25% delle RSUs maturi al primo anniversario della data di concessione, con il restante 75% che matura in incrementi uguali ogni tre mesi nei successivi tre anni, a condizione di un'occupazione continuativa. Queste concessioni sono state effettuate nell'ambito del Piano di Induzione di Amwell e sono conformi alla Regola 303A.08 del Manuale delle Aziende Quotabili della NYSE.

Amwell (NYSE: AMWL) ha anunciado la emisión de Restricted Stock Units (RSUs) a cuatro nuevos empleados como incentivos de empleo. Las concesiones, aprobadas por el Comité de Compensación de la empresa, suman un total de 16,737 acciones de acciones ordinarias Clase A. El calendario de adquisición incluye el 25% de las RSUs que se adquirirán en el primer aniversario de la fecha de concesión, con el 75% restante adquiriéndose en incrementos iguales cada tres meses durante los siguientes tres años, condicionado a la continuación del empleo. Estas concesiones se realizaron bajo el Plan de Inducción de Amwell y cumplen con la Regla 303A.08 del Manual de Empresas Cotizadas de la NYSE.

Amwell (NYSE: AMWL)는 고용 유인을 위해 네 명의 신입 사원에게 제한 주식 단위 (RSUs)를 발급했다고 발표했습니다. 이 보상은 회사의 보상 위원회에 의해 승인되었으며, 총 16,737주의 A 클래스 보통주가 포함됩니다. 주식의 귀속 일정은 RSUs의 25%가 부여일의 첫 번째 기념일에 귀속되고, 나머지 75%는 향후 3년 동안 3개월마다 동일한 비율로 귀속됩니다. 이는 지속적인 고용을 조건으로 합니다. 이러한 보상은 Amwell의 유인 계획에 따라 이루어졌으며 NYSE의 상장 회사 매뉴얼 규칙 303A.08을 준수합니다.

Amwell (NYSE: AMWL) a annoncé l'émission de Restricted Stock Units (RSUs) à quatre nouveaux employés en tant qu'incitatifs à l'embauche. Les attributions, approuvées par le Comité de Rémunération de l'entreprise, totalisent 16 737 actions ordinaires de Classe A. Le calendrier d'acquisition prévoit que 25 % des RSUs seront acquis au premier anniversaire de la date d'attribution, les 75 % restants étant acquis par tranches égales tous les trois mois au cours des trois années suivantes, sous réserve d'un emploi continu. Ces attributions ont été effectuées dans le cadre du Plan d'Induction d'Amwell et sont conformes à la règle 303A.08 du Manuel des Sociétés Cotées de la NYSE.

Amwell (NYSE: AMWL) hat die Ausgabe von Restricted Stock Units (RSUs) an vier neue Mitarbeiter als Einstellungsanreize angekündigt. Die Zuwendungen, die vom Vergütungsausschuss des Unternehmens genehmigt wurden, belaufen sich auf insgesamt 16.737 Aktien der Klasse A. Der Vesting-Zeitplan sieht vor, dass 25% der RSUs am ersten Jahrestag des Zuwendungsdatums fällig werden, während die verbleibenden 75% in gleichen Abständen alle drei Monate über die nächsten drei Jahre fällig werden, vorausgesetzt, die Beschäftigung wird fortgesetzt. Diese Zuwendungen wurden im Rahmen von Amwells Induktionsplan vorgenommen und entsprechen der Regel 303A.08 des NYSE-Listing-Handbuchs.

Positive
  • Grant of 16,737 RSUs indicates ability to attract new talent with equity compensation
  • Structured vesting schedule over 4 years promotes employee retention
Negative
  • Potential dilution of existing shareholders through new share issuance

BOSTON, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a leading technology-enabled care platform provider, announced that on Feb. 18, Amwell made grants of RSUs covering an aggregate of 16,737 shares of its Class A common stock to four new employees. The grants were offered as material inducement to the employees’ employment with Amwell. The RSUs will vest as follows, subject to the applicable employee’s continued employment through the applicable vesting date: 25% of the RSUs will vest upon the first anniversary of the grant date (“Initial Vesting Date”), and the remaining 75% of the RSUs will vest in equal pro rata increments every three months thereafter (beginning on the first calendar day of the month following the date that is three months following the Initial Vesting Date) for three years until such RSUs are vested in full.

The grants described in this press release were approved by the Compensation Committee of the Amwell’s Board of Directors pursuant to the Amwell’s Inducement Plan and made in reliance on the employment inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08. Amwell is issuing this press release pursuant to Rule 303A.08.

About Amwell
Amwell offers payers and health systems a single, comprehensive, technology-enabled care platform. We use technology to provide patients with better access to more convenient, affordable and effective care. The Amwell platform includes software and services that power many clinical programs from Amwell and our growing number of partners. Our platform allows patients to experience unified, personalized and simple access to diversified clinical programs across the care continuum. As more people seek care online and more clinical programs become available, we offer integrated, future-ready, consistent solutions. The Amwell platform is proven, operating at a large scale, enabling care for millions of patients and their sponsors while delivering dependable outcomes. For almost two decades, Amwell has proudly served some of the largest and most sophisticated healthcare organizations in the U.S. and worldwide. For more information, visit business.amwell.com or LinkedIn.

Notice of Ownership
All materials contained herein are the property of American Well Corporation and are copyrighted under United States law and applicable international copyright laws and treaty provisions. The materials contained herein are not work product or "work for hire" on behalf of any third party. The materials contained herein constitute the confidential information of American Well Corporation, except for specific data elements provided by third parties, which are the confidential information of such third parties. The content contained herein results from the application of American Well proprietary processes, analytical frameworks, algorithms, business methods, solution construction aids and templates, all of which are and remain the property of American Well Corporation.

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FAQ

How many RSUs did Amwell (AMWL) grant to new employees in February 2025?

Amwell granted RSUs covering 16,737 shares of Class A common stock to four new employees.

What is the vesting schedule for Amwell's (AMWL) February 2025 RSU grants?

The RSUs vest 25% after one year, with the remaining 75% vesting in equal increments every three months over the following three years.

How many new employees received RSU grants from Amwell (AMWL) in February 2025?

Four new employees received RSU grants from Amwell.

Under which regulatory framework were Amwell's (AMWL) February 2025 RSU grants made?

The grants were made under NYSE's Listed Company Manual Rule 303A.08 and Amwell's Inducement Plan.

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