HealthStream's Senior Vice President just cashed-in 7,000 options

J Edward Pearson, HealthStream's Senior Vice President, recently cashed-in 7,000 options. The options were exercised at $3.39, while the sales took place at $31.73 per share, on January 02, 2014. Pearson continues to hold 52,805 shares of the company. Pearson operates out of Nashville, TN. Some additional info was provided as follows:

The sales reported in this Form 4 were affected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on March 20, 2013. This transaction was executed in multiple trades at prices ranging from $31.45 to $32.33. 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.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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