Filing Details

Accession Number:
0001567619-21-021128
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-24 08:31:14
Reporting Period:
2021-11-23
Accepted Time:
2021-11-24 08:31:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1803901 Talkspace Inc. TALK () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1495110 L Douglas Braunstein C/O Cadwalader, Wickersham &Amp; Taft Llp,
200 Liberty Street
New York NY 10281
Yes No Yes No
1652522 Hudson Executive Capital Lp C/O Cadwalader, Wickersham &Amp; Taft Llp,
200 Liberty Street
New York NY 10281
No No Yes No
1700567 Hec Management Gp Llc C/O Cadwalader, Wickersham &Amp; Taft Llp,
200 Liberty Street
New York NY 10281
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-11-23 1,000,000 $2.08 11,340,600 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 15,384 Direct
Common Stock 1,273,690 Direct
Common Stock 1,000,756 Indirect By Braunstein 2015 Trust
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions through a broker-dealer at prices ranging from $1.98 to $2.19. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  2. Hudson Executive Capital LP ("Hudson Executive"), as the investment adviser to certain affiliated investment funds, may be deemed to be the beneficial owner of the securities reported on this Form 4 (the "Subject Securities") for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934 (the "Exchange Act"). HEC Management GP LLC ("Management GP"), as the general partner of Hudson Executive, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Exchange Act. By virtue of Mr. Braunstein's position as Managing Partner of Hudson Executive and Managing Member of Management GP, Mr. Braunstein may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Exchange Act.
  3. Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.
  4. These securities are directly owned by Douglas L. Braunstein. The other Reporting Persons included in this Form 4 do not have beneficial ownership of such securities.
  5. These securities are jointly held by Douglas L. Braunstein and Samara Braunstein. The other Reporting Persons included in this Form 4 do not have beneficial ownership of such securities.