Company: TALK
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001140361-25-016714
Chunk: 55

Company: Talkspace, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 55
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| Madhu Pawar           |     |              63,402 |     |                50,685 |
| Michael Hansen        |     |             200,211 |     |                86,222 |
| Swati Abbott          |     |              57,985 |     |                92,751 |
| Liat Ben-Zur          |     |              57,985 |     |                92,751 |

| (1) | Dr. Cohen serves as our Chief Executive Officer since November 2022; as such, his compensation earned as a director is disclosed in the Summary Compensation Table and his outstanding equity awards are disclosed in the Outstanding Equity Awards at Fiscal Year End table. |

The Director Compensation Program provides for annual retainer fees and long-term equity awards for certain of our non-employee directors (each, an “Eligible Director”). The material terms of the Director Compensation Program are summarized below.

38

Cash Compensation

| • | Annual Retainer: $40,000 |

| • | Annual Committee Chair Retainer: |

| ○ | Audit: $20,000 |

| ○ | Compensation: $10,000 |

| • | Annual Chairman Retainer: $30,000 |

Annual cash retainers will be paid in quarterly installments in arrears and will be pro-rated for any partial calendar quarter of service. For the fiscal year ended December 31, 2024, Douglas Braunstein, Erez Shachar, Madhu Pawar and Swati Abbott each elected to receive the value of their cash compensation amount in the form of RSUs pursuant to an amendment to the Non-Employee Director Compensation Program approved by the Board in November 2023 allowing each non-employee director to elect to receive the value of each of their respective cash compensation amounts in the form of RSUs. Equity Compensation Annual Grant: An Eligible Director who is serving on the Board as of the date of the annual meeting of the Company’s stockholders each calendar year beginning with calendar year 2022 are granted, on such annual meeting date, a RSU award with a value of approximately $160,000 (each, an “Annual Grant”). Each Annual Grant will vest in full on the earlier to occur of (A) the first anniversary of the applicable grant date and (B) the date of the next annual meeting following the grant date, subject to such Eligible Director’s continued service through the applicable vesting date. Initial Grant: Each Eligible Director who is initially