Laurilee Kearnes - 13 Jun 2022 Form 4 Insider Report for HARTE HANKS INC (HHS)

Signature
/s/ Laurilee Kearnes
Issuer symbol
HHS
Transactions as of
13 Jun 2022
Net transactions value
-$56,130
Form type
4
Filing time
14 Jun 2022, 14:24:25 UTC
Previous filing
29 Jun 2022
Next filing
10 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HHS Common Stock Options Exercise +13,158 +14% 109,821 13 Jun 2022 Direct F1
transaction HHS Common Stock Tax liability $56,130 -5,178 -4.7% $10.84 104,643 13 Jun 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 HHS Performance-based Stock Units Options Exercise $0 -13,158 -100% $0.000000* 0 13 Jun 2022 Common Stock 13,158 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance-based Stock Units ("PSU") convert into Common Stock on a one-for-one basis.
F2 Represents shares withheld to offset the reporting person's tax obligations upon vesting of the Performance-based Stock Units.
F3 On September 6, 2019, the reporting person was granted 13,158 Performance-based Stock Units, which will vest on the later of (i) the first anniversary of the grant date and (ii) the first business day following the date on which the Company's common stock price reaches $8.00 and remains at or above such price for a consecutive 30-day period, subject to reporting person's employment on the applicable vesting date.