Company: TALK
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001140361-25-016714
Chunk: 38

Company: Talkspace, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 38
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”), which was implemented prior to the closing of the Business Combination. Under the 2014 Plan, we offered awards of stock options to eligible service providers, including our NEOs who were employed by us prior to the Business Combination (i.e., Mr. Reilly and Mr. Margolin). In connection with the closing of the Business Combination and the adoption of the 2021 Incentive Award Plan (the “2021 Plan”), no further awards have been granted under the 2014 Plan; however, any outstanding awards granted under the 2014 Plan will remain outstanding, subject to the terms of the 2014 Plan and any applicable award agreement. Options granted prior to the Business Combination generally vest over four years in 48 equal monthly installments and awards granted following the Business Combination generally vest over four years in 16 equal quarterly installments, in each case subject to continued service; however, new employee grants (both prior to and following the Business Combination) are generally subject to one year of cliff vesting followed by equal monthly or quarterly installments thereafter, as applicable. In 2024, we granted equity-based compensation under the 2021 Plan to our NEOs in the form of the following grants of stock options and RSUs:

| Name          |     | Number of Shares 
 Underlying Stock 
       Options(1) |     | Number of RSUs(2) |
| Jon Cohen     |     |          214,051 |     |           128,866 |
| Jennifer Fulk |     |        74,205(3) |     |        178,695(4) |
| Ian Harris    |     |                0 |     |        311,250(5) |
| Gil Margolin  |     |           27,399 |     |            65,980 |

| (1) | The stock options vest in 16 substantially equal installments on a quarterly basis, subject to the NEO’s continued service with the Company through each vesting date. |

| (2) | The RSUs vest in 16 substantially equal installments on a quarterly basis, subject to the NEO’s continued service with the Company through each vesting date. |

| (3) | All the stock options granted to Ms. Fulk were forfeited in connection with her separation from the Company and pursuant to the terms of her Separation Agreement. |

| (4) | 89,347 of the RSUs granted to Ms. Fulk were forfeited in connection