Sharon Woods-Keisling - 25 Feb 2022 Form 4 Insider Report for Spok Holdings, Inc (SPOK)

Role: Corporate Secretary, Treasurer
Signature: /s/ SHARON WOODS KEISLING
Issuer symbol: SPOK
Transactions as of: 25 Feb 2022
Net transactions value: +$25,414
Form type: 4
Filing time: 25 Feb 2022, 15:11:34 UTC
Previous filing: 24 Feb 2022
Next filing: 04 Jan 2023
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	$39,340	+4,548	+18%	$8.65	30,017	25 Feb 2022	Direct	F1
transaction	SPOK	Common Stock	Tax liability	$13,926	-1,610	-5.4%	$8.65	28,407	25 Feb 2022	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	-4,548	-10%	$0.000000	40,191	25 Feb 2022	Common Stock	4,548		Direct	F1, F2
transaction	SPOK	Restricted Stock	Tax liability	$0	-401	-1%	$0.000000	39,790	25 Feb 2022	Common Stock	401		Direct	F3

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

Explanation of Responses:

Id	Content
F1	On January 2, 2019, Ms. Woods was granted an award of Restricted Stock Units ("RSUs"), which vest in the form of Common Stock if specified performance objectives of the Company set forth in the 2019 Long Term Incentive Plan ("LTIP") are achieved for the year ending December 31, 2021. On February 25, 2022, shares were issued upon vesting of the RSUs.
F2	Each Restricted Stock Units ("RSUs") represents a contingent right to receive one share of the issuer's Common Stock.
F3	On February 25, 2022, 401 shares were forfeited due to performance criteria of the 2019 LTIP not being met.