Michael Sousa - 28 Mar 2025 Form 4 Insider Report for HEALTHSTREAM INC (HSTM)

Role: Executive Vice President
Signature: /s/ Michael Sousa
Issuer symbol: HSTM
Transactions as of: 28 Mar 2025
Net transactions value: -$45,266
Form type: 4
Filing time: 28 Mar 2025, 16:43:41 UTC
Previous filing: 28 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HSTM	Common Stock Holding	Options Exercise	$0	+4,933	+8%	$0.000000	66,948	28 Mar 2025	Direct	F1
transaction	HSTM	Common Stock Holding	Tax liability	$45,266	-1,419	-2.1%	$31.90	65,529	28 Mar 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	HSTM	Restricted Share Units	Options Exercise	$0	-2,001	-100%	$0.000000	0	28 Mar 2025	Common Stock	2,001	$0.000000	Direct	F3, F4, F5
transaction	HSTM	Restricted Share Units	Options Exercise	$0	-1,941	-46%	$0.000000	2,265	28 Mar 2025	Common Stock	1,941	$0.000000	Direct	F3, F5, F6
transaction	HSTM	Restricted Share Units	Options Exercise	$0	-571	-24%	$0.000000	1,857	28 Mar 2025	Common Stock	571	$0.000000	Direct	F3, F5, F7
transaction	HSTM	Restricted Share Units	Options Exercise	$0	-420	-15%	$0.000000	2,380	28 Mar 2025	Common Stock	420	$0.000000	Direct	F3, F5, F8

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

Explanation of Responses:

Id	Content
F1	Shares acquired on vesting of restricted share units.
F2	Shares withheld for payment of tax liability.
F3	Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.
F4	The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 17, 2022, 20% vest on March 17, 2023, 30% vest on March 17, 2024, and the remaining 35% vest on March 17, 2025.
F5	Not applicable.
F6	The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 23, 2023, 20% vest on March 23, 2024, 30% vest on March 23, 2025, and the remaining 35% vest on March 23, 2026.
F7	The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 22, 2024, 20% vest on March 22, 2025, 30% vest on March 22, 2026, and the remaining 35% vest on March 22, 2027.
F8	The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 20, 2025, 20% vest on March 20, 2026, 30% vest on March 20, 2027, and the remaining 35% vest on March 20, 2028.