4//SEC Filing
SHMERLING MICHAEL D 4
Accession 0001437749-23-015908
CIK 0001095565other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 9:36 PM ET
Size
10.6 KB
Accession
0001437749-23-015908
Insider Transaction Report
Form 4
HEALTHSTREAM INCHSTM
SHMERLING MICHAEL D
Director
Transactions
- Exercise/Conversion
Restricted Share Units
2023-05-25−944→ 0 totalExercise: $0.00→ Common Stock (944 underlying) - Exercise/Conversion
Restricted Share Units
2023-05-25−2,297→ 0 totalExercise: $0.00→ Common Stock (2,297 underlying) - Exercise/Conversion
Common Stock Holding
2023-05-25+3,241→ 133,609 total
Footnotes (5)
- [F1]Shares acquired upon acceleration of the vesting of multiple grants of restricted share units ("RSUs") upon Mr. Shmerling's retirement from service on the Board of Directors ("Board") of HealthStream, Inc. (the "Company").
- [F2]Each RSU represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F3]Reflects an amendment made to the terms of previously granted RSUs to provide for acceleration of the vesting of the unvested RSUs in connection with Mr. Shmerling's retirement from service on the Company's Board. These RSUs were initially subject to a three-year vesting schedule, contingent upon continued service at the time of vesting, and were originally scheduled to vest annually beginning March 17, 2022 in three equal installments. In connection with Mr. Shmerling's decision to retire from service on the Board effective concurrently with the Company's 2023 annual meeting of shareholders, the Company's Compensation Committee approved the accelerated vesting of all unvested RSUs to instead vest concurrent with his retirement as of the annual shareholder meeting date of May 25, 2023.
- [F4]Not applicable.
- [F5]Reflects an amendment made to the terms of previously granted RSUs to provide for acceleration of the vesting of the unvested RSUs in connection with Mr. Shmerling's retirement from service on the Company's Board. These RSUs were initially subject to a three-year vesting schedule, contingent upon continued service at the time of vesting, and were originally scheduled to vest annually beginning March 23, 2023 in three equal installments. In connection with Mr. Shmerling's decision to retire from service on the Board effective concurrently with the Company's 2023 annual meeting of shareholders, the Company's Compensation Committee approved the accelerated vesting of all unvested RSUs to instead vest concurrent with his retirement as of the annual shareholder meeting date of May 25, 2023.
Documents
Issuer
HEALTHSTREAM INC
CIK 0001095565
Entity typeother
Related Parties
1- filerCIK 0001141207
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 9:36 PM ET
- Size
- 10.6 KB