Erez Shachar - 01 Dec 2023 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
Director
Signature
By: /s/ John Reilly, Attorney-in-fact for Erez Shachar
Issuer symbol
TALK
Transactions as of
01 Dec 2023
Net transactions value
+$159,803
Form type
4
Filing time
07 Dec 2023, 17:50:37 UTC
Previous filing
15 Aug 2023
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Award $159,803 +78,335 +43% $2.04 261,751 01 Dec 2023 Direct F1
holding TALK Common Stock 8,573,437 01 Dec 2023 By Qumra Capital II, L.P. F2
* 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 earlier to occur of (i) the one-year anniversary of December 1, 2023 and (ii) the date of the next Annual Meeting following the grant date, subject to continued service through the applicable vesting date.
F2 Qumra Capital GP II, L.P. ("Qumra GP II") is the general partner of Qumra Capital II, L.P ("Qumra II") and Qumra Capital Israel I Ltd. ("Qumra Capital Israel I") is the general partner of Qumra GP II. Mr. Shachar is a managing partner of Qumra Capital Israel I and disclaims beneficial ownership of the shares held of record by Qumra II except to the extent of his pecuniary interest therein.