Frist Robert A Jr - Mar 17, 2022 Form 4 Insider Report for HEALTHSTREAM INC (HSTM)

Role: CEO and Chairman, Director, 10%+ Owner
Signature: /s/ Robert A. Frist, Jr.
Stock symbol: HSTM
Transactions as of: Mar 17, 2022
Transactions value $: -$25,743
Form type: 4
Date filed: 3/18/2022, 04:18 PM
Previous filing: Jan 12, 2022
Next filing: May 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HSTM	Common Stock Holding	Options Exercise	$0	+5.3K	+0.11%	$0.00	4.76M	Mar 17, 2022	Direct	F1
transaction	HSTM	Common Stock Holding	Tax liability	-$25.7K	-1.29K	-0.03%	$19.94	4.76M	Mar 17, 2022	Direct	F2
holding	HSTM	Common Stock Holding						10K	Mar 17, 2022	The Carolyn Marie Frist 2005 Vested Trust
holding	HSTM	Common Stock Holding						10K	Mar 17, 2022	The Cate Merriman Frist 2005 Vested Trust
holding	HSTM	Common Stock Holding						10K	Mar 17, 2022	The Eleanor Knox Frist 2005 Vested Trust
holding	HSTM	Common Stock Holding						18.3K	Mar 17, 2022	Louise Trust u/a/d 08-16-2007
holding	HSTM	Common Stock Holding						18.3K	Mar 17, 2022	Merriman Trust u/a/d 08-16-2007
holding	HSTM	Common Stock Holding						18.3K	Mar 17, 2022	Marie Trust u/a/d 08-16-2007
holding	HSTM	Common Stock Holding						18.3K	Mar 17, 2022	Knox Trust u/a/d 08-16-2007
holding	HSTM	Common Stock Holding						595K	Mar 17, 2022	Bobby and Melissa Frist Children's 2012 GST-Exempt Trust

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	HSTM	Restricted Share Units	Options Exercise	$0	-1.86K	-100%	$0.00^*	0	Mar 17, 2022	Common Stock	1.86K	$0.00	Direct	F3, F4, F5
transaction	HSTM	Restricted Share Units	Options Exercise	$0	-1.43K	-46.17%	$0.00	1.67K	Mar 17, 2022	Common Stock	1.43K	$0.00	Direct	F3, F5, F6
transaction	HSTM	Restricted Share Units	Options Exercise	$0	-1.15K	-23.53%	$0.00	3.72K	Mar 17, 2022	Common Stock	1.15K	$0.00	Direct	F3, F5, F7
transaction	HSTM	Restricted Share Units	Options Exercise	$0	-858	-15.01%	$0.00	4.86K	Mar 17, 2022	Common Stock	858	$0.00	Direct	F3, F5, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares acquired on vesting of restricted share units.
F2	Shares withheld for payment of tax liability.
F3	Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.
F4	The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 15, 2019, 20% vest on March 15, 2020, 30% vest on March 15, 2021, and the remaining 35% vest on March 15, 2022.
F5	Not applicable.
F6	The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 15, 2020, 20% vest on March 15, 2021, 30% vest on March 15, 2022, and the remaining 35% vest on March 15, 2023.
F7	The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 11, 2021, 20% vest on March 11, 2022, 30% vest on March 11, 2023, and the remaining 35% vest on March 11, 2024.
F8	The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 17, 2022, 20% vest on March 17, 2023, 30% vest on March 17, 2024, and the remaining 35% vest on March 17, 2025.