Tracey Drake Weber - May 31, 2021 Form 4 Insider Report for Houghton Mifflin Harcourt Co (HMHC)

Role
Director
Signature
/s/ William F. Bayers, Attorney-in-Fact
Stock symbol
HMHC
Transactions as of
May 31, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 05:18 PM
Next filing
Apr 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMHC Common Stock Options Exercise $0 +55.6K +141.01% $0.00 95K May 31, 2021 Direct F1

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 HMHC Restricted Stock Units Options Exercise $0 -55.6K -100% $0.00* 0 May 31, 2021 Common Stock 55.6K Direct F1, F2
transaction HMHC Restricted Stock Units Award $0 +11.1K $0.00 11.1K May 31, 2021 Common Stock 11.1K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Houghton Mifflin Harcourt Company's (the "Company") common stock.
F2 The restricted stock units vested on May 31, 2021 and were settled in exchange for a like amount of shares of the Company's common stock.
F3 This grant of restricted stock units will vest on May 31, 2022, subject to continued service on the Company's board of directors.

Remarks:

William F. Bayers is the Executive Vice President, Secretary and General Counsel of the Company.