Hudson Executive Capital LP - Aug 12, 2021 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
10%+ Owner
Signature
Hudson Executive Capital LP, By: Management GP LLC, its general partner, By: /s/ Douglas L. Braunstein, Name: Douglas L. Braunstein, Title: Managing Member
Stock symbol
TALK
Transactions as of
Aug 12, 2021
Transactions value $
$1,006,687
Form type
4
Date filed
8/16/2021, 09:13 PM
Previous filing
Jul 2, 2021
Next filing
Dec 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Purchase $10.9K +2.1K +0.01% $5.17 17.8M Aug 12, 2021 See footnotes F1, F4, F5, F6
transaction TALK Common Stock Purchase $241K +46K +0.26% $5.23 17.8M Aug 13, 2021 See footnotes F2, F4, F5, F6
transaction TALK Common Stock Purchase $755K +143K +0.8% $5.30 18M Aug 16, 2021 See footnotes F3, F4, F5, F6

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions through a broker-dealer at prices ranging from $5.08 to $5.20. The Reporting Persons (defined below) undertake to provide Talkspace, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions through a broker-dealer at prices ranging from $5.14 to $5.29. The Reporting Persons (defined below) undertake to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions through a broker-dealer at prices ranging from $5.15 to $5.40. The Reporting Persons (defined below) undertake to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F4 In addition to Hudson Executive Capital LP, a Delaware limited partnership ("Hudson Executive"), this Form 4 is being filed jointly by HEC Management GP LLC, a Delaware limited liability company ("Management GP"), and Douglas L. Braunstein, a citizen of the United States of America (together with Hudson Executive and Management GP, the "Reporting Persons"), each of whom has the same business address as Hudson Executive and may be deemed to have a pecuniary interest in the securities reported on this Form 4 (the "Subject Securities").
F5 Hudson Executive, as the investment adviser to certain affiliated investment funds, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Management GP, as the general partner of Hudson Executive, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). By virtue of Mr. Braunstein's position as Managing Partner of Hudson Executive and Managing Member of Management GP, Mr. Braunstein may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a).
F6 Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.