MICHAEL W. WALLACE - 31 Dec 2021 Form 4 Insider Report for Spok Holdings, Inc (SPOK)

Role: COO/CFO
Signature: /MICHAEL W WALLACE/
Issuer symbol: SPOK
Transactions as of: 31 Dec 2021
Net transactions value: +$99,840
Form type: 4
Filing time: 04 Jan 2022, 15:16:53 UTC
Previous filing: 09 Jul 2021
Next filing: 24 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPOK	Common Stock	Options Exercise	$195,286	+20,931	+40%	$9.33	72,867	31 Dec 2021	Direct
transaction	SPOK	Common Stock	Tax liability	$95,446	-10,230	-14%	$9.33	62,637	31 Dec 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	SPOK	Restricted Stock Units	Options Exercise	$0	-3,771	-100%	$0.000000^*	0	31 Dec 2021	Common Stock	3,771		Direct	F1, F2
transaction	SPOK	Restricted Stock Units	Options Exercise	$0	-8,176	-50%	$0.000000	8,177	31 Dec 2021	Common Stock	8,176		Direct	F1, F3
transaction	SPOK	Restricted Stock Units	Options Exercise	$0	-8,984	-33%	$0.000000	17,970	31 Dec 2021	Common Stock	8,984		Direct	F1, F4

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

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Units ("RSUs") represents a contingent right to receive one share of the issuer's Common Stock.
F2	On December 31, 2021, 3771 RSUs vested.
F3	On December 31, 2021, 8,176 RSUs vested. The remaining 8,177 RSUs will vest on December 31, 2022 (e.g. "three equal annual installments").
F4	On December 31, 2021, 8,984 RSUs vested. The remaining 17,970 RSUs will vest on December 31, 2022 and December 31, 2023 (e.g. "three equal annual installments").