John Charles Reilly - 01 Mar 2023 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role
General Counsel and Secretary
Signature
By: /s/ John Reilly
Issuer symbol
TALK
Transactions as of
01 Mar 2023
Net transactions value
$0
Form type
4
Filing time
08 Mar 2024, 14:53:44 UTC
Previous filing
20 Sep 2022
Next filing
20 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 +205,790 +38% $0.000000 745,704 01 Mar 2023 Direct F1, F2, F3
transaction TALK Common Stock Award $0 +123,712 +17% $0.000000 869,416 01 Mar 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 +72,669 +242230% $0.000000 72,699 01 Mar 2023 Common Stock 72,669 $0.8800 Direct F1, F4
transaction TALK Stock Options Award $0 +51,373 $0.000000 51,373 01 Mar 2024 Common Stock 51,373 $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.