Gil Margolin - 08 Mar 2022 Form 4 Insider Report for Talkspace, Inc. (TALK)

Signature
By: /s/ John Reilly, Attorney-in-fact for Gil Margolin
Issuer symbol
TALK
Transactions as of
08 Mar 2022
Net transactions value
-$528,452
Form type
4
Filing time
10 Mar 2022, 17:40:26 UTC
Previous filing
03 Mar 2022
Next filing
06 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALK Common Stock Options Exercise $98,707 +253,094 +103% $0.3900 499,079 08 Mar 2022 Direct
transaction TALK Common Stock Options Exercise $120,542 +236,356 +47% $0.5100 735,435 08 Mar 2022 Direct
transaction TALK Common Stock Sale $747,700 -500,000 -68% $1.50 235,435 08 Mar 2022 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 TALK Employee Stock Option Options Exercise $0 -253,094 -100% $0.000000* 0 08 Mar 2022 Common Stock 253,094 $0.3900 Direct F2
transaction TALK Employee Stock Option Options Exercise $0 -236,356 -45% $0.000000 287,419 08 Mar 2022 Common Stock 236,356 $0.5100 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $1.43 to $1.51. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The stock option is fully vested.