HEALTHSTREAM INC — Director's Dealing 2014

Mar 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEALTHSTREAM INC (HSTM)
CIK: 0001095565
Period of Report: 2014-03-11

Reporting Person: GORDON FRANK (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-11	Restricted Share Units	$0.00	A	2235	Acquired		Common Stock (2235)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	106023	Direct
Common Stock	136000	Indirect
Common Stock	11386	Indirect
Common Stock	2500	Indirect
Common Stock	2500	Indirect

Footnotes

F1: Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.

F2: 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 11, 2015 in three equal installments.

F3: Not applicable.