HEALTHSTREAM INC — Director's Dealing 2013

May 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEALTHSTREAM INC (HSTM)
CIK: 0001095565
Period of Report: 2013-05-10

Reporting Person: GORDON FRANK (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-10	Common Stock	M	10000	$1.54	Acquired	105414	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-10	Employee Stock Option (right to buy)	$1.54	M	10000	Disposed	2013-05-30	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	136000	Indirect
Common Stock	11386	Indirect
Common Stock	2500	Indirect
Common Stock	2500	Indirect