SEC Form 4 · accession 0001209191-15-027941
HEALTHSTREAM INC · HSTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Sousa
Officer — Senior Vice President
Period of report
Mar 18, 2015
Accepted (ET)
Mar 19, 2015 · 4:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095565
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 18, 2015 | M | 2,324 | $0.00 | A | 28,329 | D | |
| Common StockF2 | Mar 18, 2015 | F | 799 | $25.69 | D | 27,530 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF3,F4,F5 | $0.00 | Mar 18, 2015 | M | 1,124 | D | Mar 18, 2015 | — | Common Stock | 1,124 | 1,313 | D |
| Restricted Share UnitsF3,F6,F5 | $0.00 | Mar 18, 2015 | M | 750 | D | Mar 18, 2015 | — | Common Stock | 750 | 2,437 | D |
| Restricted Share UnitsF3,F7,F5 | $0.00 | Mar 18, 2015 | M | 450 | D | Mar 11, 2015 | — | Common Stock | 450 | 2,550 | D |
Explanation of responses
- F1Shares acquired on vesting of restricted share units.
- F2Shares withheld for payment of tax liability.
- F3Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.
- F4The RSU's are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 18, 2013, 20% vest on March 18, 2014, 30% vest on March 18, 2015, and the remaining 35% vest on March 18, 2016.
- F5Not applicable.
- F6The RSU's are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 18, 2014, 20% vest on March 18, 2015, 30% vest on March 18, 2016, and the remaining 35% vest on March 18, 2017.
- F7The RSU's are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 11, 2015, 20% vest on March 11, 2016, 30% vest on March 11, 2017, and the remaining 35% vest on March 11, 2018.