James P. ONeill - Mar 5, 2022 Form 4 Insider Report for Houghton Mifflin Harcourt Co (HMHC)

Role
EVP, GM, Core Curriculum
Signature
s/ William F. Bayers, Attorney-in-Fact
Stock symbol
HMHC
Transactions as of
Mar 5, 2022
Transactions value $
-$373,799
Form type
4
Date filed
3/8/2022, 06:57 PM
Previous filing
Mar 4, 2022
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMHC Common Stock Options Exercise $0 +12.9K +15.1% $0.00 98.3K Mar 5, 2022 Direct F1
transaction HMHC Common Stock Tax liability -$96.3K -4.6K -4.68% $20.92 93.7K Mar 5, 2022 Direct
transaction HMHC Common Stock Award $0 +37.2K +39.65% $0.00 131K Mar 5, 2022 Direct F2
transaction HMHC Common Stock Tax liability -$277K -13.3K -10.13% $20.92 118K Mar 5, 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 HMHC Restricted Stock Units Options Exercise $0 -12.9K -100% $0.00* 0 Mar 5, 2022 Common Stock 12.9K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12,904 restricted stock units held by Mr. O'Neill vested on March 5, 2022 and were settled in exchange for a like amount of shares of Houghton Mifflin Harcourt Company's (the "Company") common stock, subject to the Company withholding of 4,604 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 37,170 performance stock units held by Mr. O'Neill vested on March 5, 2022 and were settled in exchange for a like amount of shares of Company common stock, subject to the Company's withholding of 13,264 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 performance stock units.
F3 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.

Remarks:

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