FRIST ROBERT A JR - 26 May 2022 Form 4 Insider Report for HEALTHSTREAM INC (HSTM)

Role
CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Robert A. Frist, Jr.
Issuer symbol
HSTM
Transactions as of
26 May 2022
Net transactions value
$0
Form type
4
Filing time
31 May 2022, 16:18:51 UTC
Previous filing
18 Mar 2022
Next filing
28 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HSTM Common Stock Holding 4,758,350 26 May 2022 Direct
holding HSTM Common Stock Holding 595,000 26 May 2022 Bobby and Melissa Frist Children's 2012 GST-Exempt Trust
holding HSTM Common Stock Holding 10,000 26 May 2022 The Carolyn Marie Frist 2005 Vested Trust
holding HSTM Common Stock Holding 10,000 26 May 2022 The Cate Merriman Frist 2005 Vested Trust
holding HSTM Common Stock Holding 10,000 26 May 2022 The Eleanor Knox Frist 2005 Vested Trust
holding HSTM Common Stock Holding 18,335 26 May 2022 Louise Trust u/a/d 08-16-2007
holding HSTM Common Stock Holding 18,334 26 May 2022 Merriman Trust u/a/d 08-16-2007
holding HSTM Common Stock Holding 18,334 26 May 2022 Marie Trust u/a/d 08-16-2007
holding HSTM Common Stock Holding 18,334 26 May 2022 Knox Trust u/a/d 08-16-2007

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 +6,471 $0.000000 6,471 26 May 2022 Common Stock 6,471 $0.000000 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.