Michael Scott McQuigg - 17 Mar 2022 Form 4 Insider Report for HEALTHSTREAM INC (HSTM)

Signature
/s/ M. Scott McQuigg
Issuer symbol
HSTM
Transactions as of
17 Mar 2022
Transactions value $
-$14,776
Form type
4
Filing time
18 Mar 2022, 16:22:40 UTC
Previous filing
24 Feb 2022
Next filing
25 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSTM Common Stock Holding Options Exercise $0 +3.06K +60.33% $0.00 8.13K 17 Mar 2022 Direct F1
transaction HSTM Common Stock Holding Tax liability -$14.8K -741 -9.12% $19.94 7.39K 17 Mar 2022 Direct F2

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 HSTM Restricted Share Units Options Exercise $0 -1.23K -46.16% $0.00 1.44K 17 Mar 2022 Common Stock 1.23K $0.00 Direct F3, F4, F5
transaction HSTM Restricted Share Units Options Exercise $0 -1.05K -23.53% $0.00 3.4K 17 Mar 2022 Common Stock 1.05K $0.00 Direct F3, F5, F6
transaction HSTM Restricted Share Units Options Exercise $0 -782 -15% $0.00 4.43K 17 Mar 2022 Common Stock 782 $0.00 Direct F3, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired on vesting of restricted share units.
F2 Shares withheld for payment of tax liability.
F3 Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.
F4 The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 15, 2020, 20% vest on March 15, 2021, 30% vest on March 15, 2022, and the remaining 35% vest on March 15, 2023.
F5 Not applicable.
F6 The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 11, 2021, 20% vest on March 11, 2022, 30% vest on March 11, 2023, and the remaining 35% vest on March 11, 2024.
F7 The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 17, 2022, 20% vest on March 17, 2023, 30% vest on March 17, 2024, and the remaining 35% vest on March 17, 2025.