Oscar Health, Inc. Announces Inducement Grants under Section 303A.08 of the NYSE Listed Company Manual
January 26 2024 - 8:00AM
Business Wire
Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare
technology company, announced that on January 22, 2024 the
Compensation Committee of Oscar’s Board of Directors approved the
grant of employment inducement restricted stock unit awards
covering an aggregate of 104,586 Class A shares of Oscar’s common
stock to 11 new non-executive employees of Oscar and its
affiliates, to induce them to join Oscar and its affiliates. The
awards generally vest quarterly over a one-year period following
their vesting commencement date, subject to continued employment.
The awards were granted under Oscar’s 2022 Employment Inducement
Award Plan as employment inducement awards pursuant to the New York
Stock Exchange rules.
About Oscar Health
Oscar Health, Inc. (“Oscar”) is the first health insurance
company built around a full stack technology platform and a
relentless focus on serving its members. At Oscar, our mission is
to make a healthier life accessible and affordable for all.
Headquartered in New York City, Oscar has been challenging the
health care system's status quo since our founding in 2012. The
company’s member-first philosophy and innovative approach to care
has earned us the trust of nearly one million members, as of
September 30, 2023. We offer Individual & Family and Small
Group plans, and +Oscar, our full stack technology platform, to
others within the provider and payor space. Our vision is to
refactor health care to make good care cost less. Refactor is a
term used in software engineering that means to improve the design,
structure, and implementation of the software, while preserving its
functionality. At Oscar, we take this definition a step further. We
improve our members’ experience by building trust through deep
engagement, personalized guidance, and rapid iteration.
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INVESTOR RELATIONS: Chris Potochar ir@hioscar.com
MEDIA RELATIONS: Kristen Prestano press@hioscar.com
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