Michael Edmund Evans - 05 Nov 2021 Form 4 Insider Report for Houghton Mifflin Harcourt Co

Role
EVP, Chief Revenue Officer
Signature
s/ William F. Bayers, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
05 Nov 2021
Net transactions value
-$39,008
Form type
4
Filing time
09 Nov 2021, 15:28:22 UTC
Next filing
03 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMHC Common Stock Options Exercise $0 +5,930 +22% $0.000000 33,297 05 Nov 2021 Direct F1
transaction HMHC Common Stock Sale $39,008 -2,229 -6.7% $17.50 31,068 08 Nov 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 -5,930 -50% $0.000000 5,930 05 Nov 2021 Common Stock 5,930 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.