Steven Dziedzic - 06 Dec 2023 Form 4 Insider Report for Talkspace, Inc. (TALK)

Signature
By: /s/ John Reilly, Attorney-in-fact for Steven Dziedzic
Issuer symbol
TALK
Transactions as of
06 Dec 2023
Net transactions value
-$13,423
Form type
4
Filing time
05 Mar 2024, 21:24:34 UTC
Previous filing
19 Sep 2023
Next filing
08 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Tax liability $3,938 -1,735 -0.58% $2.27 297,012 06 Dec 2023 Direct F1, F2
transaction TALK Common Stock Tax liability $4,088 -1,801 -0.61% $2.27 295,211 06 Dec 2023 Direct F1, F2
transaction TALK Common Stock Tax liability $5,396 -2,377 -0.81% $2.27 292,834 06 Dec 2023 Direct F1, F2
transaction TALK Common Stock Award $0 +61,856 +21% $0.000000 354,690 04 Mar 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 +25,687 +55% $0.000000 71,984 01 Mar 2024 Common Stock 25,687 $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.