Jon R. Cohen - 01 Dec 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
Issuer symbol
TALK
Transactions as of
01 Dec 2022
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 21:40:25 UTC
Previous filing
28 Sep 2022
Next filing
08 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Award $0 +1,250,000 +1587% $0.000000 1,328,765 01 Dec 2022 Direct F1, F2
transaction TALK Common Stock Award $0 +1,000,000 +75% $0.000000 2,328,765 01 Dec 2022 Direct F1, F2
transaction TALK Common Stock Award $0 +128,866 +5.5% $0.000000 2,457,631 01 Mar 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 +500,000 +250% $0.000000 700,211 01 Dec 2022 Common Stock 500,000 $0.8600 Direct F1, F3
transaction TALK Stock Options Award $0 +400,000 +57% $0.000000 1,100,211 01 Dec 2022 Common Stock 400,000 $0.8600 Direct F1, F3
transaction TALK Stock Options Award $0 +214,051 +18% $0.000000 1,414,262 01 Mar 2024 Common Stock 214,051 $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.