Douglas L. Braunstein - Dec 1, 2024 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
Director, 10%+ Owner
Signature
Douglas L. Braunstein, /s/ Douglas L. Braunstein
Stock symbol
TALK
Transactions as of
Dec 1, 2024
Transactions value $
$0
Form type
4
Date filed
12/12/2024, 08:00 PM
Previous filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Award $0 +5.12K +0.26% $0.00 1.96M Dec 1, 2024 Direct F1
transaction TALK Common Stock Award $0 +46.8K +2.39% $0.00 2.01M Dec 1, 2024 Direct F2
holding TALK Common Stock 1.27M Dec 1, 2024 Direct F3
holding TALK Common Stock 1M Dec 1, 2024 By Braunstein 2015 Trust F3
holding TALK Common Stock 11.3M Dec 1, 2024 See Footnotes F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Talkspace, Inc. common stock. The RSUs vest in full on the grant date, December 1, 2024.
F2 Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Talkspace, Inc. common stock. The RSUs vest in full on the one-year anniversary of December 1, 2024, subject to continued service through the applicable vesting date.
F3 These securities are jointly held by Mr. Braunstein and Samara Braunstein.
F4 Hudson Executive Capital LP ("Hudson Executive"), as the investment adviser to certain affiliated investment funds, may be deemed to be the beneficial owner of the securities reported on this Form 4 (the "Subject Securities") for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934 (the "Exchange Act"). HEC Management GP LLC ("Management GP"), as the general partner of Hudson Executive, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Exchange Act. By virtue of Mr. Braunstein's position as Managing Partner of Hudson Executive and Managing Member of Management GP, Mr. Braunstein may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Exchange Act.
F5 Mr. Braunstein disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.