John C. Reilly - Mar 1, 2023 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
General Counsel and Secretary
Signature
By: /s/ John Reilly
Stock symbol
TALK
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/8/2024, 02:53 PM
Previous filing
Sep 20, 2022
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Award $0 +206K +38.12% $0.00 746K Mar 1, 2023 Direct F1, F2, F3
transaction TALK Common Stock Award $0 +124K +16.59% $0.00 869K Mar 1, 2024 Direct F2, 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 +72.7K +242230% $0.00 72.7K Mar 1, 2023 Common Stock 72.7K $0.88 Direct F1, F4
transaction TALK Stock Options Award $0 +51.4K $0.00 51.4K Mar 1, 2024 Common Stock 51.4K $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 awards were issued in March 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 grant from 2023 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 aggregate shares beneficially owned excludes 10 shares inadvertently reported as beneficially owned by the reporting persons on his previous filing that were not so owned.
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.