Vikas Singh - 03 Jan 2025 Form 4 Insider Report for HEALTHCARE SERVICES GROUP INC (HCSG)

Signature
Michael Harrity, by Power of Attorney
Issuer symbol
HCSG
Transactions as of
03 Jan 2025
Net transactions value
+$226,180
Form type
4
Filing time
06 Jan 2025, 21:28:18 UTC
Previous filing
11 Sep 2024
Next filing
29 May 2025

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 $226,180 +19,233 $11.76 19,233 03 Jan 2025 Common Stock 19,233 $11.76 Direct F1
transaction HCSG Restricted Stock Units Award $0 +19,898 $0.000000 19,898 03 Jan 2025 Common Stock 19,898 Direct F2, F3
* 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 These Options shall become exercisable at the rate of 20% annually, commencing on the first anniversary of the January 3, 2025 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 January 3, 2025 grant date.