JOHN CHRISTOPHER SHEA - 31 Dec 2023 Form 4 Insider Report for HEALTHCARE SERVICES GROUP INC (HCSG)

Role
EVP & Chief Admin. Officer
Signature
/s/ Michael Harrity, by Power of Attorney
Issuer symbol
HCSG
Transactions as of
31 Dec 2023
Net transactions value
+$362,511
Form type
4
Filing time
08 Jan 2024, 17:14:34 UTC
Previous filing
28 Feb 2023
Next filing
27 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCSG Common Stock Options Exercise $0 +2,816 +8.6% $0.000000 35,391 03 Jan 2024 Direct
transaction HCSG Common Stock Options Exercise $0 +1,700 +4.8% $0.000000 37,091 04 Jan 2024 Direct
transaction HCSG Common Stock Options Exercise $0 +2,003 +5.4% $0.000000 39,094 04 Jan 2024 Direct
transaction HCSG Common Stock Options Exercise $0 +3,317 +8.5% $0.000000 42,411 04 Jan 2024 Direct
transaction HCSG Common Stock Tax liability $0 -3,741 -8.8% $0.000000 38,670 04 Jan 2024 Direct

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 Phantom Stock Award $26,298 +2,536 +23% $10.37 13,464 31 Dec 2023 Common Stock 2,536 Direct F1, F2, F3
transaction HCSG Stock Option (right to buy) Award $336,213 +32,453 $10.36 32,453 03 Jan 2024 Common Stock 32,453 $10.36 Direct F4
transaction HCSG Restricted Stock Units Award $0 +31,724 $0.000000 31,724 03 Jan 2024 Common Stock 31,724 Direct F1, F5
transaction HCSG Restricted Stock Units Options Exercise $0 -1,700 -100% $0.000000* 0 04 Jan 2024 Common Stock 1,700 Direct F1, F6
transaction HCSG Restricted Stock Units Options Exercise $0 -2,816 -50% $0.000000 2,816 03 Jan 2024 Common Stock 2,816 Direct F1, F7
transaction HCSG Restricted Stock Units Options Exercise $0 -2,003 -33% $0.000000 4,004 04 Jan 2024 Common Stock 2,003 Direct F1, F8
transaction HCSG Restricted Stock Units Options Exercise $0 -3,317 -25% $0.000000 9,953 04 Jan 2024 Common Stock 3,317 Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares issued at the conversion rate of 1-for-1.
F2 Shares of Phantom Stock are payable in-kind following termination of the Reporting Person's employment with Issuer.
F3 Acquired pursuant to an Issuer contribution under the Healthcare Services Group, Inc. Deferred Compensation Plan.
F4 These Options shall become exercisable at the rate of 20% annually, commencing on the first anniversary of the January 3, 2024 grant date.
F5 These Restricted Stock Units shall vest at the rate of 20% annually, commencing on the first anniversary of the January 3, 2024 grant date.
F6 These Restricted Stock Units shall vest at the rate of 20% annually, commencing on the first anniversary of the January 4, 2019 grant date.
F7 These Restricted Stock Units shall vest at the rate of 20% annually, commencing on the first anniversary of the January 3, 2020 grant date.
F8 These Restricted Stock Units shall vest at the rate of 20% annually, commencing on the first anniversary of the January 4, 2021 grant date.
F9 These Restricted Stock Units vest at the rate of 20% annually, commencing on each calendar anniversary after the award's January 4, 2022 grant date.