SEC Form 4 · accession 0001209191-15-057688
HEALTHSTREAM INC · HSTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Frist Jr.
Officer — CEO · Director · 10% Owner
Period of report
Jun 30, 2015
Accepted (ET)
Jul 1, 2015 · 9:29 am 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 | Jun 30, 2015 | D | 54,241 | $0.00 | D | 5,104,435 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 30, 2015, Robert A. Frist, Jr., the chief executive officer of HealthStream, Inc. (the "Company"), contributed 49,310 of his shares of Company common stock to the Company, without any consideration paid to Mr. Frist. This contribution is for the benefit of certain Company employees who are not otherwise eligible to receive equity grants and have at least one year of service with the Company. The Company has approved the grant of that same number of shares contributed by Mr. Frist under its 2010 Stock Incentive Plan to eligible employees, which shares will be issued in late August 2015 and will not be subject to any vesting conditions. In addition, on June 30, 2015, Mr. Frist contributed an additional 4,931 shares to the Company, without consideration paid to Mr. Frist, which amount is equivalent to the estimated Company costs associated with the equity grants, such as administrative expenses and employer payroll taxes which will be associated with the grants.