John C. Reilly - Dec 1, 2021 Form 4 Insider Report for Talkspace, Inc. (TALK)

Role: General Counsel and Secretary
Signature: By: /s/ John Reilly
Stock symbol: TALK
Transactions as of: Dec 1, 2021
Transactions value $: $66,451
Form type: 4
Date filed: 3/3/2022, 08:41 PM
Previous filing: Oct 20, 2021
Next filing: Dec 8, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TALK	Common Stock	Other	-$3.14K	-1.48K	-0.46%	$2.13	318K	Dec 1, 2021	Direct	F1
transaction	TALK	Common Stock	Options Exercise	$47.3K	+39.1K	+12.28%	$1.21	357K	Feb 4, 2022	Direct
transaction	TALK	Common Stock	Options Exercise	$24.5K	+20.1K	+5.62%	$1.22	377K	Feb 5, 2022	Direct
transaction	TALK	Common Stock	Award	$0	+164K	+43.54%	$0.00	541K	Mar 1, 2022	Direct	F2
transaction	TALK	Common Stock	Other	-$2.19K	-1.36K	-0.25%	$1.61	540K	Mar 1, 2022	Direct	F1

Showing 1 to 5 of 5 entries

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	-39.1K	-60.41%	$0.00	25.6K	Feb 4, 2022	Common Stock	39.1K	$1.21	Direct	F3
transaction	TALK	Employee Stock Option	Options Exercise	$0	-20.1K	-35.42%	$0.00	36.6K	Feb 5, 2022	Common Stock	20.1K	$1.22	Direct	F4
transaction	TALK	Employee Stock Option	Award	$0	+58.9K		$0.00	58.9K	Mar 1, 2022	Common Stock	58.9K	$1.61	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") previously reported.
F2	Consists of RSUs. Each RSU represents a contingent right to receive one share of Talkspace, Inc. common stock. The RSUs vest in 16 substantially equally installments on a quarterly basis, subject to the Reporting Person's continued service with the Company through each vesting date.
F3	The stock option vested and became exercisable with respect to 25% of the underlying shares on September 1, 2020. The stock option vests and becomes exercisable in 36 equal monthly installments beginning on October 1, 2020.
F4	The stock option vests and becomes exercisable in 48 equal monthly installments beginning on August 18, 2020.
F5	The stock option vests in 16 substantially equally installments on a quarterly basis, subject to the Reporting Person's continued service with the Company through each vesting date.