Jason J. Bundick - Feb 24, 2025 Form 4 Insider Report for HEALTHCARE SERVICES GROUP INC (HCSG)

Role
EVP/Gen. Counsel/Corp. Secty.
Signature
Michael Harrity, by Power of Attorney
Stock symbol
HCSG
Transactions as of
Feb 24, 2025
Transactions value $
-$25,305
Form type
4
Date filed
2/26/2025, 05:46 PM
Previous filing
Jan 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCSG Common Stock Options Exercise $0 +3.38K +8.9% $0.00 41.3K Feb 24, 2025 Direct
transaction HCSG Common Stock Tax liability -$15K -1.43K -3.47% $10.47 39.9K Feb 24, 2025 Direct
transaction HCSG Common Stock Options Exercise $0 +2.61K +6.54% $0.00 42.5K Feb 25, 2025 Direct F1
transaction HCSG Common Stock Tax liability -$10.3K -984 -2.32% $10.48 41.5K Feb 25, 2025 Direct F2

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 -3.38K -25.01% $0.00 10.1K Feb 24, 2025 Common Stock 3.38K Direct F3, F4
* 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 Represents common stock earned and delivered on a performance stock unit award previously granted in January 2022 based upon the satisfaction of certain financial performance criteria. The Company's Nominating, Compensation & Stock Option Committee certified the level of performance-goal attainment on February 25, 2025 and the shares vested upon certification.
F2 Represents shares withheld to pay taxes applicable to the vesting of performance stock units, including performance stock units which were deemed to have been earned and were delivered on February 25, 2025.
F3 Shares issued at the conversion rate of 1-for-1.
F4 These Restricted Stock Units shall vest and become exercisable at the rate of 20% annually, commencing on the first anniversary of the February 24, 2023 grant date.