HEALTHSTREAM INC — Director's Dealing 2018

May 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEALTHSTREAM INC (HSTM)
CIK: 0001095565
Period of Report: 2018-05-04

Reporting Person: MCLAREN JEFFREY L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-04	Common Stock	M	15000	$12.23	Acquired	31319	Direct
2018-05-04	Common Stock	S	15000	$25.9424	Disposed	16319	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-04	Employee Stock Option (right to buy)	$12.23	M	5000	Disposed	2019-05-26	Common Stock (5000)	Direct
2018-05-04	Employee Stock Option (right to buy)	$12.23	M	5000	Disposed	2019-05-26	Common Stock (5000)	Direct
2018-05-04	Employee Stock Option (right to buy)	$12.23	M	5000	Disposed	2019-05-26	Common Stock (5000)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $25.85 to $26.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.