Theodore WAHL - Feb 24, 2023 Form 4 Insider Report for HEALTHCARE SERVICES GROUP INC (HCSG)

Role
President & CEO, Director
Signature
/s/ Michael Harrity, by Power of Attorney
Stock symbol
HCSG
Transactions as of
Feb 24, 2023
Transactions value $
$1,602,482
Form type
4
Date filed
2/28/2023, 08:00 PM
Previous filing
Feb 23, 2023
Next filing
Jan 8, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HCSG Stock Option (right to buy) Award $1.6M +117K $13.72 117K Feb 24, 2023 Common Stock 117K $13.72 Direct F1
transaction HCSG Restricted Stock Units Award $0 +111K $0.00 111K Feb 24, 2023 Common Stock 111K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Options shall vest and become exercisable at the rate of 20% annually, commencing on the first anniversary of the February 24, 2023 grant date.
F2 Shares issued at the conversion rate of 1-for-1.
F3 These Restricted Stock Units shall vest at the rate of 20% annually, commencing on the first anniversary of the February 24, 2023 grant date.