Amwell reports grants to new employees under inducement plan

Amwell (AMWL) 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, and the remaining 75% of the RSUs will vest in equal pro rata increments every three months thereafter for three years until such RSUs are vested in full.