Company: TALK
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001140361-25-016714
Chunk: 36

Company: Talkspace, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 36
---
’ interests, emphasizes long-term financial and operational performance, and helps retain executive talent. |

In addition, our NEOs are eligible to participate in our health and welfare programs and our 401(k) plan on the same basis as our other employees. We also maintain severance and change in control arrangements, which aid in attracting and retaining executive talent and help executives to remain focused and dedicated during potential transition periods due to a change in control. Each of these elements of compensation for 2024 is described further below.

26

Base Salary The base salaries of our NEOs are an important part of their total compensation package, and are intended to reflect their respective positions, duties and responsibilities. Base salaries provide our NEOs with a reasonable degree of financial certainty and stability. Our Compensation Committee intends to annually review and determine the base salaries of our executives and evaluate the base salaries of new hires at the time of hire. Our NEOs’ base salaries as of December 31, 2024 are set forth below:

| Name             |     | 2024 Annualized Base 
   Salary at Year-End |
| Jon Cohen        |     |             $600,000 |
| Jennifer Fulk(1) |     |             $400,000 |
| Ian Harris(2)    |     |             $400,000 |
| Gil Margolin     |     |             $400,000 |

| (1) | The Company previously announced that Ms. Fulk would no longer serve as the Company’s Chief Financial Officer effective as of May 20, 2024. In connection therewith, the Company entered into a separation agreement with Ms. Fulk (the “Separation Agreement”). Pursuant to the terms of the Separation Agreement, Ms. Fulk received a severance payment equal to $400,000, representing her current annual base salary, to be paid over 12 months. |

| (2) | Due to his start date of May 20, 2024, Mr. Harris was actually paid $247,000 of his annualized base salary of $400,000. |

Cash Incentive Compensation We consider annual cash incentive bonuses to be an important component of our total compensation program, providing incentives necessary to retain executive officers. Each NEO is eligible to receive an annual performance-based cash bonus based on a specified target annual bonus award amount, expressed as a percentage of the NEO’s base salary. As of December 31, 2024, target bonuses were as follows:

| Named Executive Officer |     |