MICHAEL W. WALLACE - 02 Jan 2024 Form 4 Insider Report for Spok Holdings, Inc (SPOK)

Role: Chief Operating Officer
Signature: /Michael Wallace/
Issuer symbol: SPOK
Transactions as of: 02 Jan 2024
Net transactions value: +$252,417
Form type: 4
Filing time: 04 Jan 2024, 16:00:23 UTC
Previous filing: 05 Dec 2023
Next filing: 01 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPOK	Common Stock	Options Exercise	$475,561	+30,721	+37%	$15.48	114,438	02 Jan 2024	Direct
transaction	SPOK	Common Stock	Tax liability	$223,144	-14,415	-13%	$15.48	100,023	02 Jan 2024	Direct

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	SPOK	Restricted Stock Units	Options Exercise	$0	-11,561	-50%	$0.000000	11,561	02 Jan 2024	Common Stock	11,561		Direct	F1, F2
transaction	SPOK	Restricted Stock Units	Options Exercise	$0	-10,175	-33%	$0.000000	20,350	02 Jan 2024	Common Stock	10,175		Direct	F1, F3
transaction	SPOK	Restricted Stock Unit	Options Exercise	$0	-8,985	-100%	$0.000000^*	0	02 Jan 2024	Common Stock	8,985		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Units ("RSUs") represents a contingent right to receive one share of the issuer's Common Stock.
F2	On January 2, 2024, 11561 RSUs vested. The remaing 11561 RSUs will vest on December 31, 2024 (e.g. "three equal annual installments")
F3	On January 2, 2024, 10,175 RSUs vested. The remaining 20350 RSUs will vest on December 31, 2024 and December 31, 2025 (e.g. "three equal annual installments")
F4	On January 2, 2024, 8985 RSUs vested.