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Definitive Healthcare Expands Leadership With Inducement Grants

Definitive Healthcare Expands Leadership With Inducement Grants

Inducement Grants for New Leadership

Definitive Healthcare, a recognized leader in healthcare commercial intelligence, is excited to share the recent induction of two pivotal senior leaders into its team. The company has made significant strides in enhancing its leadership structure as it continues to drive innovation within the healthcare sector.

Details of the Grants

Recently, the Human Capital Management and Compensation Committee of Definitive Healthcare’s Board of Directors officially granted inducement awards to Jeannine Lombardi, the newly appointed Chief Human Resource Officer, and Jonathan Paris, the newly appointed Chief Legal Officer. The granted inducement awards consist of 421,349 restricted stock units (RSUs) each, marking a worthwhile addition to their employment packages as they join the company.

Implementation of Inducement Awards

Both awards were carefully negotiated and will act as an incentive tied directly to their commitment to Definitive Healthcare. This approach aligns with the company's goal of attracting top talent to bolster its growth and influence in the healthcare ecosystem.

Vesting Schedule

As part of their employment agreements, the RSUs granted to Ms. Lombardi and Mr. Paris have a specific vesting schedule. It is designed to ensure that both leaders remain committed to their roles. According to the vesting plan, 25% of the RSUs will vest on July 1, 2026, facilitating a structured strategy over the next few years. The remaining RSUs will vest in quarterly segments of 6.25% over three years, ultimately leading to full vesting.

About Definitive Healthcare

Definitive Healthcare is deeply passionate about turning healthcare data into actionable insights. By leveraging their advanced SaaS platform, they empower clients to discover lucrative markets, opportunities, and the right partnerships to influence the future of healthcare. Their commitment to providing the best commercial intelligence helps businesses navigate towards success in this rapidly evolving industry.

Contact Information

Investor Contact:
Brian Denyeau
ICR for Definitive Healthcare
brian.denyeau@icrinc.com
Phone: 646-277-1251

Media Contact:
Bethany Swackhamer
bswackhamer@definitivehc.com

Frequently Asked Questions

What are the inducement grants related to?

The inducement grants are awards given to new senior leaders, specifically designed to attract top talent as material incentives tied to their employment.

Who received the inducement grants at Definitive Healthcare?

Jeannine Lombardi and Jonathan Paris received the inducement grants as part of their onboarding process as Chief Human Resource Officer and Chief Legal Officer, respectively.

How are the RSUs structured in terms of vesting?

The RSUs will vest 25% on July 1, 2026, with the remaining units vesting quarterly in 6.25% installments over the next three years.

What is the role of Definitive Healthcare?

Definitive Healthcare specializes in healthcare commercial intelligence, helping organizations harness data to identify new opportunities and drive decisions in the healthcare space.

How can one get in touch with Definitive Healthcare's investor relations?

Interested parties can contact Brian Denyeau via email at brian.denyeau@icrinc.com or by phone at 646-277-1251 for any investor-related inquiries.

About The Author

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