Samara H. Braunstein - 01 Dec 2021 Form 4 Insider Report for Talkspace, Inc. (TALK)

Signature
By: /s/ John Reilly, Attorney-in-fact for Samara H. Braunstein
Issuer symbol
TALK
Transactions as of
01 Dec 2021
Net transactions value
-$5,020
Form type
4
Filing time
03 Mar 2022, 20:31:52 UTC
Previous filing
20 Oct 2021
Next filing
06 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Other $0 -3,278 -2.6% $0.000000 120,472 01 Dec 2021 Direct F1
transaction TALK Common Stock Award $0 +121,855 +101% $0.000000 242,327 01 Mar 2022 Direct F2
transaction TALK Common Stock Other $5,020 -3,118 -1.3% $1.61 239,209 01 Mar 2022 Direct F1
holding TALK Common Stock 1,000,756 01 Dec 2021 By Braunstein 2015 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 +43,664 $0.000000 43,664 01 Mar 2022 Common Stock 43,664 $1.61 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") previously reported.
F2 Consists of 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.
F3 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 Douglas Braunstein.