WALLACE MICHAEL W 4
4 · Spok Holdings, Inc · Filed Mar 7, 2025
Insider Transaction Report
Form 4
WALLACE MICHAEL W
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2025-03-07$16.85/sh−20,334$342,628→ 67,175 total - Exercise/Conversion
Common Stock
2025-03-07$16.85/sh+34,682$584,392→ 77,105 total - Award
Common Stock
2025-03-07$16.85/sh+10,404$175,307→ 87,509 total - Exercise/Conversion
Restricted Stock Unit
2025-03-07−34,682→ 110,383 total→ Common Stock (34,682 underlying)
Footnotes (3)
- [F1]On February 22, 2022, Mr. Wallace was granted an award of Restricted Stock Units ("RSUs"), which vest in the form of Common Stock if specified performance objectives of the Company set forth in the 2022 Long Term Incentive Plan ("LTIP") are achieved for the year ending December 31, 2024. On March 7, 2025, shares were issued upon vesting of the RSUs.
- [F2]On March 7, 2025, the Compensation Committee of the Company's Board of Directors determined that the performance objective targets under the RSU award had been exceeded, resulting in the award and vesting of additional shares of Common Stock reported herein.
- [F3]Each Restricted Stock Units ("RSUs") represents a contingent right to receive one share of the issuer's Common Stock.