Stephen A. Bondi - 08 Mar 2022 Form 4 Insider Report for HEIDRICK & STRUGGLES INTERNATIONAL INC (HSII)

Role
VP and Controller
Signature
/s/ Kelly A Crosier, Attorney-In-Fact
Issuer symbol
HSII
Transactions as of
08 Mar 2022
Net transactions value
+$97,424
Form type
4
Filing time
10 Mar 2022, 16:28:30 UTC
Next filing
13 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSII Common Stock Options Exercise $33,642 +900 +5.3% $37.38 17,948 08 Mar 2022 Direct F1, F2
transaction HSII Common Stock Tax liability $9,868 -264 -1.5% $37.38 17,684 08 Mar 2022 Direct F3
transaction HSII Common Stock Options Exercise $65,276 +1,707 +9.7% $38.24 19,391 09 Mar 2022 Direct F2, F4
transaction HSII Common Stock Tax liability $19,158 -501 -2.6% $38.24 18,890 09 Mar 2022 Direct F5
transaction HSII Common Stock Options Exercise $38,967 +1,019 +5.4% $38.24 19,909 09 Mar 2022 Direct F2, F6
transaction HSII Common Stock Tax liability $11,434 -299 -1.5% $38.24 19,610 09 Mar 2022 Direct F7

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 HSII 2019 Restricted Stock Units Options Exercise $0 -900 -100% $0.000000* 0 08 Mar 2022 Common Stock 900 Direct F2, F8
transaction HSII 2020 Restricted Stock Units Options Exercise $0 -1,707 -50% $0.000000 1,708 09 Mar 2022 Common Stock 1,707 Direct F2, F9
transaction HSII 2021 Restricted Stock Units Options Exercise $0 -1,019 -33% $0.000000 2,039 09 Mar 2022 Common Stock 1,019 Direct F2, F10
transaction HSII 2022 Restricted Stock Units Award $0 +3,138 $0.000000 3,138 09 Mar 2022 Common Stock 3,138 Direct F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting of the third of three installments of Restricted Stock Units ("RSUs") granted on March 8, 2019 ("2019 RSUs"). RSUs are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.
F2 RSUs convert into common stock on a one-for-one basis at the time of vesting.
F3 Reflects an aggregate of 264 shares of common stock retained by Heidrick & Struggles International, Inc. (the "Issuer") to satisfy tax withholding obligations with respect to 2019 RSUs that vested on March 8, 2022.
F4 Reflects the vesting of the second of three installments of RSUs granted on March 9, 2020 ("2020 RSUs"). RSUs are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.
F5 Reflects an aggregate of 501 shares of common stock retained by the Issuer to satisfy tax withholding obligations with respect to 2020 RSUs that vested on March 9, 2022.
F6 Reflects the vesting of the first of three installments of RSUs granted on March 9, 2021 ("2021 RSUs"). RSUs are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.
F7 Reflects an aggregate of 299 shares of common stock retained by the Issuer to satisfy tax withholding obligations with respect to 2021 RSUs that vested on March 9, 2022.
F8 On March 8, 2019, the reporting person was granted 2,698 RSUs, which are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.
F9 On March 9, 2020, the reporting person was granted 5,122 RSUs, which are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.
F10 On March 9, 2021, the reporting person was granted 3,058 RSUs, which are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.
F11 Each RSU represents a contingent right to receive one share of Issuer common stock.
F12 RSUs are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.