John Charles Reilly - 01 Dec 2021 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
General Counsel and Secretary
Signature
By: /s/ John Reilly
Issuer symbol
TALK
Transactions as of
01 Dec 2021
Net transactions value
+$66,451
Form type
4
Filing time
03 Mar 2022, 20:41:53 UTC
Previous filing
20 Oct 2021
Next filing
08 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Other $3,142 -1,475 -0.46% $2.13 318,079 01 Dec 2021 Direct F1
transaction TALK Common Stock Options Exercise $47,281 +39,075 +12% $1.21 357,154 04 Feb 2022 Direct
transaction TALK Common Stock Options Exercise $24,501 +20,083 +5.6% $1.22 377,237 05 Feb 2022 Direct
transaction TALK Common Stock Award $0 +164,239 +44% $0.000000 541,476 01 Mar 2022 Direct F2
transaction TALK Common Stock Other $2,190 -1,360 -0.25% $1.61 540,116 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 Options Exercise $0 -39,075 -60% $0.000000 25,604 04 Feb 2022 Common Stock 39,075 $1.21 Direct F3
transaction TALK Employee Stock Option Options Exercise $0 -20,083 -35% $0.000000 36,623 05 Feb 2022 Common Stock 20,083 $1.22 Direct F4
transaction TALK Employee Stock Option Award $0 +58,851 $0.000000 58,851 01 Mar 2022 Common Stock 58,851 $1.61 Direct F5
* 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 vested and became exercisable with respect to 25% of the underlying shares on September 1, 2020. The stock option vests and becomes exercisable in 36 equal monthly installments beginning on October 1, 2020.
F4 The stock option vests and becomes exercisable in 48 equal monthly installments beginning on August 18, 2020.
F5 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.