JOHN CHRISTOPHER SHEA - 24 Feb 2024 Form 4 Insider Report for HEALTHCARE SERVICES GROUP INC (HCSG)

Signature
/s/ Michael Harrity, by Power of Attorney
Issuer symbol
HCSG
Transactions as of
24 Feb 2024
Net transactions value
$0
Form type
4
Filing time
27 Feb 2024, 20:12:42 UTC
Previous filing
08 Jan 2024
Next filing
06 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCSG Common Stock Options Exercise $0 +4,416 +11% $0.000000 43,086 24 Feb 2024 Direct
transaction HCSG Common Stock Tax liability $0 -1,874 -4.3% $0.000000 41,212 24 Feb 2024 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 HCSG Restricted Stock Units Options Exercise $0 -4,416 -20% $0.000000 17,662 24 Feb 2024 Common Stock 4,416 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares issued at the conversion rate of 1-for-1.
F2 These Restricted Stock Units shall vest at the rate of 20% annually, commencing on the first anniversary of the February 24, 2023 grant date.