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Filed Pursuant to Rule 424(b)(3)
Under the Securities Act of 1933
Registration No. 333-39600
HEALTHGRADES.COM, INC
SUPPLEMENT DATED OCTOBER 16, 2000
TO PROSPECTUS DATED AUGUST 31, 2000
We appointed Peter J. Stahl, III, age 51, our chief operating officer
on September 14, 2000. Mr. Stahl served from February 1991 to April 2000 as
executive vice president of business development at Duff & Phelps Credit Rating
Co., a financial advisory company specializing in credit rating and research.
Mr. Stahl will receive a base salary of $250,000 per year and will be
eligible to receive a bonus equal to 100% of his base salary. In addition, at
the commencement of his employment, we granted to Mr. Stahl an option to
purchase 400,000 shares of our common stock at an exercise price of $1.50 per
share, which was the closing price per share of our common stock, as reported by
Nasdaq, on the date of grant. The option vests in three equal annual increments
beginning September 14, 2001. The option expires on September 13, 2010.
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You should rely only on the information in the prospectus and this
prospectus supplement. We have not authorized any person to provide you with
different information. The prospectus is not an offer to sell these securities
or a solicitation of your offer to buy these securities in any state where the
offer or sale is not permitted. Except as may be updated by any supplement
attached to the prospectus, the information in the prospectus is accurate only
as of the date of the prospectus, regardless of the time of delivery of the
prospectus or any sale of the common stock.
