HEALTHSTREAM INC — Director's Dealing 2013

Mar 25, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEALTHSTREAM INC (HSTM)
CIK: 0001095565
Period of Report: 2013-03-21

Reporting Person: SHMERLING MICHAEL D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-21	Common Stock	M	1000	$0.00	Acquired	108437	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-21	Restricted Share Units	$0.00	M	1000	Disposed		Common Stock (1000)	Direct

Footnotes

F1: Shares acquired on vesting of restricted share units.

F2: Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.

F3: The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning March 18, 2013 in three equal installments.

F4: Not applicable.