Michael Wallace - Jan 3, 2023 Form 4 Insider Report for Spok Holdings, Inc (SPOK)

Signature
/s/ MICHAEL W WALLACE
Stock symbol
SPOK
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 03:01 PM
Previous filing
Dec 6, 2022
Next filing
Mar 3, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPOK Restricted Stock Units Award $0 +30.5K +25.81% $0.00 149K Jan 3, 2023 common stock 30.5K Direct F1
transaction SPOK Restricted Stock Units Award $0 +30.5K +20.51% $0.00 179K Jan 3, 2023 common stock 30.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units which if not forfeited, will convert into shares of common stock if specified performance objectives of the Company set forth in the 2023 LTIP are achieved for the year ending December 31, 2025.
F2 Each Restricted Stock Unit represents the contingent right to receive one share of the issuer's Common Stock.
F3 The Restricted Stock Units vest in three equal annual installments beginning December 31, 2023. Vested shares will be delivered to the reporting person for the fiscal years ending December 31, 2023, December 31, 2024 and December 31, 2025.