HealthStream's Senior Vice President just cashed-in 5,992 options

J Edward Pearson, HealthStream's Senior Vice President, recently cashed-in 5,992 options. The options were exercised at $3.39, while the disposals took place at $30.91 per share, on January 23, 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 $30.642 to $31.60. 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. HealthStream next reports earnings on February 24, 2014.

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