Braunstein Douglas L 4

4 · Talkspace, Inc. · Filed Jun 24, 2021

Form 4

Period: 2021-06-22

Director10% Owner

Transactions

Purchase
Common Stock
2021-06-22$10.00/sh+5,000,000$50,000,000→ 10,150,000 total(indirect: By HEC Master Fund LP)
Other
Common Stock
2021-06-22−10,300,000→ 0 total(indirect: By LLC)
Award
Stock Options
2021-06-22+63,402→ 63,402 total
Exercise: $8.52Exp: 2031-06-21→ Common Stock (63,402 underlying)
Purchase
Warrants
2021-06-22$10.00/sh+2,500,000$25,000,000→ 7,640,000 total(indirect: By HEC Master Fund LP)
Exercise: $11.50From: 2021-07-22Exp: 2031-06-22→ Common Stock (2,500,000 underlying)
Other
Warrants
2021-06-22−10,280,000→ 0 total(indirect: By LLC)
Exercise: $11.50From: 2021-07-22Exp: 2031-06-22→ Common Stock (10,280,000 underlying)

Holdings

Common Stock
1,273,690
Common Stock
(indirect: By Trust)
1,000,756
Warrants
Exercise: $11.50From: 2021-07-22Exp: 2031-06-22→ Common Stock (1,271,200 underlying)
1,271,200
Warrants
(indirect: By HEC Master Fund LP)
Exercise: $11.50From: 2021-07-22Exp: 2031-06-22→ Common Stock (5,140,000 underlying)
5,140,000
Common Stock
(indirect: By HEC Master Fund LP)
5,150,000
Warrants
(indirect: By Trust)
Exercise: $11.50From: 2021-07-22Exp: 2031-06-22→ Common Stock (998,800 underlying)
998,800

Footnotes (4)

[F1]Represents a pro-rata distribution in-kind by HEC Sponsor LLC to its members for no consideration.
[F2]The stock option vests in 4 equal annual installments beginning on June 22, 2022.
[F3]These securities are jointly held with the Reporting Person's spouse.
[F4]Purchase price of $10.00 includes Common Stock and Warrants.

Documents

2 files