MICHAEL W. WALLACE - 03 Jan 2023 Form 4 Insider Report for Spok Holdings, Inc (SPOK)

Role: Chief Operating Officer
Signature: /MICHAEL W WALLACE/
Issuer symbol: SPOK
Transactions as of: 03 Jan 2023
Net transactions value: +$120,999
Form type: 4
Filing time: 04 Jan 2023, 15:01:25 UTC
Previous filing: 06 Dec 2022
Next filing: 03 Mar 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	$235,233	+28,722	+38%	$8.19	103,880	03 Jan 2023	Direct
transaction	SPOK	Common Stock	Tax liability	$114,234	-13,948	-13%	$8.19	89,932	03 Jan 2023	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	-8,177	-100%	$0.000000^*	0	03 Jan 2023	Common Stock	8,177		Direct	F1, F2
transaction	SPOK	Restricted Stock Units	Options Exercise	$0	-8,985	-50%	$0.000000	8,985	03 Jan 2023	Common Stock	8,985		Direct	F1, F3
transaction	SPOK	Restricted Stock Units	Options Exercise	$0	-11,560	-33%	$0.000000	23,122	03 Jan 2023	Common Stock	11,560		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 January 3, 2023, 8177 RSUs vested.
F3	On January 3, 2023, 8,985 RSUs vested. The remaining 8,985 RSUs will vest on December 31, 2023 (e.g. "three equal annual installments").
F4	On January 3, 2023, 11,560 RSUs vested. The remaining 23,122 RSUs will vest on December 31, 2023 and December 31, 2024 (e.g. "three equal annual installments").