Jon R. Cohen - Dec 1, 2022 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
Chief Executive Officer, Director
Signature
By: /s/ John Reilly, Attorney-in-fact for Jon R Cohen
Stock symbol
TALK
Transactions as of
Dec 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 09:40 PM
Previous filing
Sep 28, 2022
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Award $0 +1.25M +1587% $0.00 1.33M Dec 1, 2022 Direct F1, F2
transaction TALK Common Stock Award $0 +1M +75.26% $0.00 2.33M Dec 1, 2022 Direct F1, F2
transaction TALK Common Stock Award $0 +129K +5.53% $0.00 2.46M Mar 1, 2024 Direct F2

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 +500K +249.74% $0.00 700K Dec 1, 2022 Common Stock 500K $0.86 Direct F1, F3
transaction TALK Stock Options Award $0 +400K +57.13% $0.00 1.1M Dec 1, 2022 Common Stock 400K $0.86 Direct F1, F3
transaction TALK Stock Options Award $0 +214K +17.83% $0.00 1.41M Mar 1, 2024 Common Stock 214K $1.75 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These awards were issued in December 2022, 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 grant from 2022 as well as the grant received on March 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 16 substantially equally installments on a quarterly basis, subject to the Reporting Person's continued service with the Company through each vesting date.
F3 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.