Gil Margolin - 01 Dec 2021 Form 4 Insider Report for Talkspace, Inc. (TALK)

Signature
By: /s/ John Reilly, Attorney-in-fact for Gil Margolin
Issuer symbol
TALK
Transactions as of
01 Dec 2021
Net transactions value
-$9,246
Form type
4
Filing time
03 Mar 2022, 20:32:55 UTC
Previous filing
20 Oct 2021
Next filing
10 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Other $5,438 -2,553 -2.1% $2.13 121,197 01 Dec 2021 Direct F1
transaction TALK Common Stock Award $0 +127,153 +105% $0.000000 248,350 01 Mar 2022 Direct F2
transaction TALK Common Stock Other $3,808 -2,365 -0.95% $1.61 245,985 01 Mar 2022 Direct F1

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 +45,563 $0.000000 45,563 01 Mar 2022 Common Stock 45,563 $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.