Michael Wallace - Jan 2, 2024 Form 4 Insider Report for Spok Holdings, Inc (SPOK)

Role
Chief Operating Officer
Signature
/Michael Wallace/
Stock symbol
SPOK
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/4/2024, 04:00 PM
Previous filing
Dec 5, 2023
Next filing
Mar 1, 2024

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 Unit Award $0 +19.4K +16.39% $0.00 138K Jan 2, 2024 Common Stock 19.4K Direct F1
transaction SPOK Restricted Stock Unit Award $0 +19.4K +14.08% $0.00 157K Jan 2, 2024 Common Stock 19.4K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units, which if not forfeited, will convert into shares of common stock if specified performance objectives of the Company set forth in the 2024 LTIP are achieved for the year ending December 31, 2026
F2 Each Restricted Stock Units ("RSUs") represents a contingent right to receive one share of the issuer's Common Stock.
F3 The Restricted Stock Units vest in three equal annual installments beginning December 31, 2024. Vested shares will be delivered to the reporting person for the fiscal years ending December 31, 2024, December 31, 2025 and December 31, 2026.