Gil Margolin - Mar 8, 2022 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
Chief Technology Officer
Signature
By: /s/ John Reilly, Attorney-in-fact for Gil Margolin
Stock symbol
TALK
Transactions as of
Mar 8, 2022
Transactions value $
-$528,452
Form type
4
Date filed
3/10/2022, 05:40 PM
Previous filing
Mar 3, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Options Exercise $98.7K +253K +102.89% $0.39 499K Mar 8, 2022 Direct
transaction TALK Common Stock Options Exercise $121K +236K +47.36% $0.51 735K Mar 8, 2022 Direct
transaction TALK Common Stock Sale -$748K -500K -67.99% $1.50 235K Mar 8, 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 -253K -100% $0.00* 0 Mar 8, 2022 Common Stock 253K $0.39 Direct F2
transaction TALK Employee Stock Option Options Exercise $0 -236K -45.13% $0.00 287K Mar 8, 2022 Common Stock 236K $0.51 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $1.43 to $1.51. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The stock option is fully vested.