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Stock impact report

HealthStream CEO Rewards Employees with Contribution of Personally Owned Shares of Company Stock

HealthStream, Inc. (HSTM) 
Last healthstream, inc. earnings: 4/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.healthstream.com
Company Research Source: Business Wire
NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthStream (Nasdaq: HSTM) announced today that its chief executive officer, Robert A. Frist, Jr., has contributed approximately $2.0 million of his personally owned shares of HealthStream common stock for the benefit of HealthStream employees. To accomplish this, Mr. Frist has contributed 78,520 of his shares to HealthStream, and HealthStream has approved the grant of that same number of shares under its 2016 Omnibus Incentive Plan to eligible employees, as noted below. It is contemplated that these shares, which will not be subject to any vesting conditions, will be issued in late July.Approximately 820 HealthStream employees will receive shares of stock from this contribution, which will include all active employees with the exception of the Company’s executive officer team.“Since our initial launch as a two-person company in 1990, HealthStream has grown into a leading provider of workforce development solutions for healthcare organizations—a Show less Read more
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