Braunstein Samara H. 4
4 · Talkspace, Inc. · Filed Jun 24, 2021
Insider Transaction Report
Form 4
Talkspace, Inc.TALK
Braunstein Samara H.
Chief Marketing Officer
Transactions
- Award
Stock Options
2021-06-22+508,551→ 508,551 totalExercise: $7.24Exp: 2031-01-13→ Common Stock (508,551 underlying)
Holdings
- 998,800(indirect: By Trust)
Warrants
Exercise: $11.50From: 2021-07-22Exp: 2031-06-22→ Common Stock (998,800 underlying) - 1,000,756(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Represents securities received in a pro-rata distribution in-kind by HEC Sponsor LLC.
- [F2]The stock option vests and becomes exercisable in 48 equal monthly installments beginning on December 4, 2020.
- [F3]Pursuant to the business combination of Hudson Executive Investment Corp. and Groop Internet Platform, Inc. (d/b/a Talkspace) ("Legacy Talkspace"), each share of Legacy Talkspace outstanding common and preferred stock was automatically converted into the right to receive a combination of cash and a number shares of the Issuer's Common Stock based on a 1-to-1.1341 exchange ratio (the "Exchange Ratio") in accordance with the merger agreement governing the business combination. In addition, each outstanding Legacy Talkspace stock option was automatically converted into a corresponding stock option of the Issuer based on the Exchange Ratio and with the same terms and vesting conditions as the Legacy Talkspace equity awards.