Jeffrey Crowe - Jun 22, 2021 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role: Director
Signature: /s/ Matthew De Dominicis, Attorney-in-Fact for Jeffrey Crowe
Stock symbol: TALK
Transactions as of: Jun 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/24/2021, 08:08 PM
Next filing: Oct 26, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TALK	Common Stock	Award		+14.7M			14.7M	Jun 22, 2021	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the business combination of Hudson Executive Investment Corp. and Groop Internet Platformm, Inc. (d/b/a Talkspace) ("Legacy Talkspace"), each share of Legacy Talkspace outstanding common and preferred stock was automatically converted into the right to receive a combination of cash and a number of shares of the Issuer's Common Stock based on a 1-to-1.1341 exchange ratio in accordance with the merger agreement governing the business combination.
F2	The securities shown represent securities held of record by Norwest Venture Partners XIII, LP ("NVP XIII"). Genesis VC Partners XIII, LLC ("Genesis XIII") is the general partner of NVP XIII and may be deemed to have sole voting and dispositive power over the shares held by NVP XIII. NVP Associates, LLC ("NVP Associates"), the managing member of Genesis XIII and Jeffrey Crowe, as a Co-Chief Executive Officer of NVP Associates, may be deemed to share voting and dispositive power with respect to such securities. Such entities and Mr. Crowe disclaim beneficial ownership of all such securities, except to the extent of any pecuniary interest therein.

Content

Pursuant to the business combination of Hudson Executive Investment Corp. and Groop Internet Platformm, Inc. (d/b/a Talkspace) ("Legacy Talkspace"), each share of Legacy Talkspace outstanding common and preferred stock was automatically converted into the right to receive a combination of cash and a number of shares of the Issuer's Common Stock based on a 1-to-1.1341 exchange ratio in accordance with the merger agreement governing the business combination.

The securities shown represent securities held of record by Norwest Venture Partners XIII, LP ("NVP XIII"). Genesis VC Partners XIII, LLC ("Genesis XIII") is the general partner of NVP XIII and may be deemed to have sole voting and dispositive power over the shares held by NVP XIII. NVP Associates, LLC ("NVP Associates"), the managing member of Genesis XIII and Jeffrey Crowe, as a Co-Chief Executive Officer of NVP Associates, may be deemed to share voting and dispositive power with respect to such securities. Such entities and Mr. Crowe disclaim beneficial ownership of all such securities, except to the extent of any pecuniary interest therein.