Michael Edmund Evans - Nov 5, 2021 Form 4 Insider Report for Houghton Mifflin Harcourt Co (HMHC)

Role
EVP, Chief Revenue Officer
Signature
s/ William F. Bayers, Attorney-in-Fact
Stock symbol
HMHC
Transactions as of
Nov 5, 2021
Transactions value $
-$39,008
Form type
4
Date filed
11/9/2021, 03:28 PM
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMHC Common Stock Options Exercise $0 +5.93K +21.67% $0.00 33.3K Nov 5, 2021 Direct F1
transaction HMHC Common Stock Sale -$39K -2.23K -6.69% $17.50 31.1K Nov 8, 2021 Direct

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 -5.93K -50% $0.00 5.93K Nov 5, 2021 Common Stock 5.93K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 5,930 restricted stock units held by Mr. Evans vested on November 5, 2021 and were settled in exchange for a like amount of shares of Houghton Mifflin Harcourt Company's (the "Company") common stock, subject to the sale of 2,229 shares of common stock to satisfy withholding obligations in connection with federal, state, local or other taxes required to be withheld or paid in connection with the settlement of the restricted stock units.
F2 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F3 The remaining restricted stock units shall vest on November 5, 2022, subject to continued employment with the Company.

Remarks:

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