Steven Dziedzic - Dec 6, 2023 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
Chief Product Officer
Signature
By: /s/ John Reilly, Attorney-in-fact for Steven Dziedzic
Stock symbol
TALK
Transactions as of
Dec 6, 2023
Transactions value $
-$13,423
Form type
4
Date filed
3/5/2024, 09:24 PM
Previous filing
Sep 19, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Tax liability -$3.94K -1.74K -0.58% $2.27 297K Dec 6, 2023 Direct F1, F2
transaction TALK Common Stock Tax liability -$4.09K -1.8K -0.61% $2.27 295K Dec 6, 2023 Direct F1, F2
transaction TALK Common Stock Tax liability -$5.4K -2.38K -0.81% $2.27 293K Dec 6, 2023 Direct F1, F2
transaction TALK Common Stock Award $0 +61.9K +21.12% $0.00 355K Mar 4, 2024 Direct F3

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 TALK Stock Options Award $0 +25.7K +55.48% $0.00 72K Mar 1, 2024 Common Stock 25.7K $1.75 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld in December 2023, but the reporting person inadvertently failed to file a Form 4 related to the transaction. The reporting person is using this Form 4 to report the withholding from 2023 as well as the grant received on March 1, 2024.
F2 Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") (including RSUs previously reported).
F3 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 16 substantially equally installments on a quarterly basis, subject to the Reporting Person's continued service with the Company through each vesting date.
F4 The stock option vests in 16 substantially equally installments on a quarterly basis, subject to the Reporting Person's continued service with the Company through each vesting date.