Michael D. Shmerling - Mar 23, 2023 Form 4 Insider Report for HEALTHSTREAM INC (HSTM)

Role: Director
Signature: /s/ Michael D. Shmerling
Stock symbol: HSTM
Transactions as of: Mar 23, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/24/2023, 04:33 PM
Previous filing: Jan 3, 2023
Next filing: Apr 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HSTM	Common Stock Holding	Options Exercise	$0	+3.04K	+2.39%	$0.00	130K	Mar 23, 2023	Direct	F1

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	-946	-100%	$0.00^*	0	Mar 23, 2023	Common Stock	946	$0.00	Direct	F2, F3, F4
transaction	HSTM	Restricted Share Units	Options Exercise	$0	-943	-49.97%	$0.00	944	Mar 23, 2023	Common Stock	943	$0.00	Direct	F2, F4, F5
transaction	HSTM	Restricted Share Units	Options Exercise	$0	-1.15K	-33.32%	$0.00	2.3K	Mar 23, 2023	Common Stock	1.15K	$0.00	Direct	F2, F4, F6

* 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	Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.
F3	The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning March 11, 2021 in three equal installments.
F4	Not applicable.
F5	The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning March 17, 2022 in three equal installments.
F6	The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning March 23, 2023 in three equal installments.