Michael M. Collier - 23 Feb 2023 Form 4 Insider Report for HEALTHSTREAM INC (HSTM)

Role
Executive Vice President
Signature
/s/ Michael M. Collier
Issuer symbol
HSTM
Transactions as of
23 Feb 2023
Transactions value $
$0
Form type
4
Filing time
24 Feb 2023, 15:31:13
Previous filing
28 Oct 2022
Next filing
24 Mar 2023
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 23.6K 23 Feb 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 HSTM Restricted Share Units Award $0 +18K $0.00 18K 23 Feb 2023 Common Stock 18K $0.00 Direct F1, F2, F3
* 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 Vesting of these RSUs is contingent upon continued service at the time of vesting and the achievement of certain performance criteria. The performance criteria will be established on an annual basis by the Compensation Committee of the Board of Directors. 15% vest on February 23, 2024 for the period January 1, 2023 through December 31, 2023; 20% vest on February 23, 2025 for the period January 1, 2024 through December 31, 2024; 20% vest on February 23, 2026 for the period January 1, 2025 through December 31, 2025; 20% vest on February 23, 2027 for the period January 1, 2026 through December 31, 2026; and 25% vest on February 23, 2028 for the period January 1, 2027 through December 31, 2027. Vesting will be determined based on actual performance. RSUs that do not vest during a performance period may become eligible for vesting during the next performance period (but not in succeeding periods).
F3 Not applicable.