Michael Wallace - Feb 22, 2022 Form 4 Insider Report for Spok Holdings, Inc (SPOK)

Role
COO/CFO
Signature
/s/ MICHAEL W WALLACE
Stock symbol
SPOK
Transactions as of
Feb 22, 2022
Transactions value $
$0
Form type
4
Date filed
2/24/2022, 03:08 PM
Previous filing
Jan 4, 2022
Next filing
Feb 25, 2022

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 Award $0 +34.7K +38.99% $0.00 124K Feb 22, 2022 common stock 34.7K Direct F1
transaction SPOK Restricted Stock Units Award $0 +34.7K +28.05% $0.00 158K Feb 22, 2022 common stock 34.7K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units which if not forfeited, will convert into shares of common stock if specified performance objectives of the Company set forth in the 2022 LTIP are achieved for the year ending December 31, 2024.
F2 Each Restricted Stock Unit represents the contingent right to receive one share of the issuer's Common Stock.
F3 The Restricted Stock Units vest in three equal annual installments beginning December 31, 2022. Vested shares will be delivered to the reporting person for the fiscal years ending December 31, 2022, December 31, 2023 and December 31, 2024.