SEC Form 4 · accession 0001209191-17-021910
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 20, 2017
Accepted (ET)
Mar 21, 2017 · 9:08 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 | Mar 20, 2017 | M | 3,956 | $0.00 | A | 26,575 | D | |
| Common StockF2 | Mar 20, 2017 | F | 1,414 | $23.90 | D | 25,161 | 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 20, 2017 | M | 1,313 | D | — | — | Common Stock | 1,313 | 0 | D |
| Restricted Share UnitsF3,F6,F5 | $0.00 | Mar 20, 2017 | M | 900 | D | — | — | Common Stock | 900 | 1,050 | D |
| Restricted Share UnitsF3,F7,F5 | $0.00 | Mar 20, 2017 | M | 894 | D | — | — | Common Stock | 894 | 2,906 | D |
| Restricted Share UnitsF3,F8,F5 | $0.00 | Mar 20, 2017 | M | 849 | D | — | — | Common Stock | 849 | 4,814 | 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, 2014, 20% vest on March 18, 2015, 30% vest on March 18, 2016, and the remaining 35% vest on March 18, 2017.
- 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 11, 2015, 20% vest on March 11, 2016, 30% vest on March 11, 2017, and the remaining 35% vest on March 11, 2018.
- F7The RSU's are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 10, 2016, 20% vest on March 10, 2017, 30% vest on March 10, 2018, and the remaining 35% vest on March 10, 2019.
- F8The RSU's are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 17, 2017, 20% vest on March 17, 2018, 30% vest on March 17, 2019, and the remaining 35% vest on March 17, 2020.