Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 3, 2021, the Board of Directors, or the Board, of 1Life Healthcare, Inc., upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Scott C. Taylor to fill a vacant Board seat and to serve as a Class I director, with an initial term expiring at our 2024 annual meeting of stockholders. Mr. Taylor was also appointed to serve as a member of the Audit and Compliance Committee of the Board.

From 2007 to 2020, Mr. Taylor served as Executive Vice President, General Counsel and Corporate Secretary of Symantec Corporation (now NortonLifeLock, Inc.), a cybersecurity software and services company. Prior to Symantec, Mr. Taylor was Chief Administrative Officer, Senior Vice President and General Counsel of Phoenix Technologies Ltd., a system software company, from 2002 to 2007. Mr. Taylor currently serves as a director of J2 Global Inc., a Web-based communications and cloud services company, Piper Sandler Companies, an investment bank and institutional securities firm, and Western Technology Investment, a venture-debt firm. Previously, Mr. Taylor served as a director of DigiCert Inc., VirnetX, Inc. and VeriSign Japan K.K. Mr. Taylor holds a juris doctorate from George Washington University, and a bachelor's degree in International Relations from Stanford University. We believe Mr. Taylor is qualified to serve on our board of directors because of his public company management and board experience.

There are no arrangements or understandings between Mr. Taylor and any other persons pursuant to which he was selected as a director of the Company. There is no transaction involving Mr. Taylor that requires disclosure under Item 404(a) of Regulation S-K. The Board has determined that Mr. Taylor is independent under our Corporate Governance Guidelines, applicable Securities and Exchange Commission requirements, including Rule 10A-3 under the Securities Exchange Act of 1934, as amended, and Nasdaq listing standards, including Listing Rule 5605(c)(2).

Mr. Taylor will participate in our Non-Employee Director Compensation Policy, or the Policy, which is described in our Definitive Proxy Statement for our 2021 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on April 21, 2021. Under the Policy, Mr. Taylor will receive (1) an annual retainer of $50,000 for his service on the Board, with payment pro-rated to his start date of June 3, 2021, (ii) an initial restricted stock unit grant having a value of $247,500, which will vest annually over three years, commencing on June 3, 2021, subject to Mr. Taylor's continuous service as a member of the Board, and (iii) an additional restricted stock unit grant on the date of each future annual meeting of our stockholders having a value of $165,000, which will vest on the earlier of the date of the following annual meeting of stockholders or the one-year anniversary of the grant date, subject to Mr. Taylor's continuous service as a member of the Board.

We will also enter into our standard form of indemnification agreement with Mr. Taylor.

Item 7.01. Regulation FD Disclosure

On June 8, 2021, we issued a press release announcing Mr. Taylor's appointment as a director of One Medical. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference.

The information contained in Exhibit 99.1 is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended, nor shall it be deemed incorporated by reference in any filing with the U.S. Securities and Exchange Commission made by One Medical, whether made before or after the date hereof, regardless of any general incorporation language in such filing. Item 9.01. Financial Statements and Exhibits. (d) Exhibits



Exhibit No.        Description
          99.1       Press Release dated     June     8    ,     2021.
           104     Cover Page Interactive Data File (formatted as Inline XBRL)

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