4//SEC Filing
Simmons Kurt JR 4
Accession 0000731012-23-000092
CIK 0000731012other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 7:28 PM ET
Size
5.6 KB
Accession
0000731012-23-000092
Insider Transaction Report
Form 4
Simmons Kurt JR
Director
Transactions
- Purchase
Common Stock
2023-06-30$14.93/sh+1,005$15,005→ 8,542 total
Footnotes (2)
- [F1]The reporting person has elected to receive fully vested shares of Deferred Stock Units ("DSUs") under the Issuer's 2020 Omnibus Incentive Plan, as amended, in lieu of cash fees payable for service on the Issuer's Board of Directors and any committees thereof. The reporting person made this election in November 2022 which applies to director's fees earned in 2023 in compliance with the Issuer's black-out period guidelines. The number of shares represents the quotient of the amount of such fees divided by the Issuer's closing stock price on the date such fees would otherwise be paid, rounded up to the nearest whole share. Such DSUs will be settled in shares of common stock on the first to occur of (i) January 1, 2029; (ii) the Participant's date of death, disability or separation from service; or (iii) the date of a Change of Control (the "Settlement Date"). The reporting person may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A.
- [F2]Amount represents 2,835 unvested DSUs and 5,707 vested DSUs.
Documents
Issuer
HEALTHCARE SERVICES GROUP INC
CIK 0000731012
Entity typeother
Related Parties
1- filerCIK 0001890359
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 7:28 PM ET
- Size
- 5.6 KB