other
confidence high
sentiment neutral
materiality 0.30
eHealth amends 2021 Inducement Plan, increases share reserve to 2.41M from 910K
eHealth, Inc.
- Board approved increase of maximum shares reserved from 910,000 to 2,410,000 under the inducement plan.
- Shares are reserved exclusively for grants to new employees as inducement material to employment.
- Plan amendment approved without stockholder approval pursuant to Nasdaq Rule 5635(c)(4).
- Terms of the inducement plan are substantially similar to the stockholder-approved 2014 Equity Incentive Plan.