HEALTHSTREAM INC — Director's Dealing 2012

Jan 25, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEALTHSTREAM INC (HSTM)
CIK: 0001095565
Period of Report: 2012-01-23

Reporting Person: FRIST ROBERT A JR (Director, CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-23	Common Stock	M	50000	$2.69	Acquired	5786003	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-23	Employee Stock Option (right to buy)	$2.69	M	12500	Disposed	2012-02-19	Common Stock (12500)	Direct
2012-01-23	Employee Stock Option (right to buy)	$2.69	M	12500	Disposed	2012-02-19	Common Stock (12500)	Direct
2012-01-23	Employee Stock Option (right to buy)	$2.69	M	12500	Disposed	2012-02-19	Common Stock (12500)	Direct
2012-01-23	Employee Stock Option (right to buy)	$2.69	M	12500	Disposed	2012-02-19	Common Stock (12500)	Direct