Oren Frank - Jul 15, 2021 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
Chief Executive Officer, Director
Signature
/s/ John Reilly, Attorney-in-fact for Oren Frank
Stock symbol
TALK
Transactions as of
Jul 15, 2021
Transactions value $
$0
Form type
4
Date filed
10/20/2021, 05:30 PM
Previous filing
Jun 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Award $0 +433K +34.17% $0.00 1.7M Oct 18, 2021 Direct F1
holding TALK Common Stock 475K Jul 15, 2021 By Oren Frank 2018 Trust

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 TALK Employee Stock Option Award $0 +1.73M $0.00 1.73M Jul 15, 2021 Common Stock 1.73M $5.81 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Talkspace, Inc. common stock. The RSUs vest in 16 substantially equally installments on a quarterly basis, subject to the Reporting Person's continued service with the Company through each vesting date
F2 The stock option vests in 16 substantially equally installments on a quarterly basis, subject to the Reporting Person's continued service with the Company through each vesting date.

Remarks:

Excludes securities beneficially owned by Roni Frank, which are being reported on a separate Form 4 filing by Roni Frank.