Michael Sousa - May 26, 2022 Form 4 Insider Report for HEALTHSTREAM INC (HSTM)

Signature
/s/ Michael Sousa
Stock symbol
HSTM
Transactions as of
May 26, 2022
Transactions value $
$0
Form type
4
Date filed
5/31/2022, 04:16 PM
Previous filing
Mar 18, 2022
Next filing
Oct 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HSTM Common Stock Holding 45.8K May 26, 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 HSTM Restricted Share Units Award $0 +6.47K $0.00 6.47K May 26, 2022 Common Stock 6.47K $0.00 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.
F2 The RSUs were approved by the Compensation Committee of the Board of Directors on March 23, 2022, subject to shareholder approval of the 2022 Omnibus Incentive Plan under which the RSUs were granted. HealthStream's shareholders approved the plan on May 26, 2022.
F3 The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 23, 2023, 20% vest on March 23, 2024, 30% vest on March 23, 2025, and the remaining 35% vest on March 23, 2026.
F4 Not applicable.