Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2025-06-23

Talkspace (TALK)

Fiscal year 2023 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,373,104
Jennifer Fulk total, FY2023
Chief Financial Officerhighest-paid officer; CEO Jon Cohen: $1,337,323
CEO (Jon Cohen) pay percentile vs peers
CEO-to-median pay ratio
91.55%
Say-on-pay support, latest vote
Companies that benchmark against TALK
1 company names TALK as a compensation peer

Each company listed discloses TALK in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named TALK in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jennifer Fulk$400,000$476,800$378,420$86,879$31,005$1,373,104
Chief Financial Officer
Jon Cohen600,000715,20022,1231,337,323
Chief Executive Officer
Gil Margolin400,000476,800139,72532,07930,7041,079,308
Chief Technology Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY20222023
Jennifer Fulk$1,373,104$1,867,146−494,042
Jon Cohen1,337,3232,747,622−1,410,299
Gil Margolin1,079,3081,419,725−340,417

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jon CohenRSU1,937,500$4,921,250
Jennifer FulkRSU350,589890,496
Jennifer FulkRSU193,709492,021
Gil MargolinRSU129,449328,800
Gil MargolinRSU71,524181,671
Jon CohenRSU59,074150,048
Jennifer FulkOption69,4121.61
Gil MargolinRSU54,141137,518
Jennifer FulkRSU53,879136,853
Jon CohenOption150,1591
Jon CohenOption775,0000.86
Jennifer FulkOption123,8000.88
Jennifer FulkOption215,5135.81
Gil MargolinOption18,9031.22
Gil MargolinOption25,6301.61
Gil MargolinOption216,5635.81
Gil MargolinOption45,7120.88
05

Incentive-plan design — the Compensation Discussion & Analysis

The company's executive compensation program is designed to attract, motivate, and reward leaders who create an inclusive environment and execute on strategic plans to maximize stockholder value. It aims to align the long-term interests of NEOs with those of stockholders by emphasizing equity compensation and linking rewards to short-term and long-term performance.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantMeridian
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-06-1873,239,1906,761,06644,54491.55%Passed
20242024-06-1358,337,354588,82456,74499%Passed
20232023-10-1079,884,5212,405,762770,49696.18%Passed
20222022-09-1552,261,4853,574,1171,073,93293.6%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-06-1891.55%a
20242024-06-1399%b
20232023-10-1096.18%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have No effect on the outcome of this proposal.”.

c. Approved under the standard stated in the filing — “Votes withheld have no effect on the election of directors and abstentions will have no effect on the ratification of the appointment of Kost Forer Gabbay and Kasierer, a member of Ernst and Young Global, or the advisory Say on Pay votes, but have the same effect as a vote "Against" the Board Declassification proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Curtis WarfieldIndependent · Audit (Chair) · Compensation$60,000$177,866$0$237,866
Liat Ben-ZurIndependent · Nominating and Corporate Governance · Audit · Newly elected3,333138,95886,028228,319
Swati AbbottIndependent · Compensation · Audit · Newly elected3,333138,95886,028228,319
Erez ShacharIndependent · Compensation (Chair) · Nominating and Corporate Governance50,000177,8660227,866
Douglas L. BraunsteinNot independent45,000177,8660222,866
Michael HansenIndependent · Audit · Compensation40,000177,8660217,866
Madhu PawarIndependent · Audit · Nominating and Corporate Governance40,000177,8660217,866
Jacqueline YeaneyIndependent · Audit · Nominating and Corporate Governance (Chair)40,000177,8660217,866
Jon R. CohenEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$160,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$281,666
Equity awards (grant-date value)$1,345,112
All other compensation$0
Total cost of the board$1,626,778

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Talkspace2023Jon Cohen$600,000$1,337,323

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Jennifer FulkDEF 14A2024-04-290001140361-24-022973Section “Executive Compensation”. As printed: 1,373,104. Filing ↗
2Section 01, Jon CohenDEF 14A2024-04-290001140361-24-022973Section “Executive Compensation”. As printed: 1,337,323. Filing ↗
3Section 01, Gil MargolinDEF 14A2024-04-290001140361-24-022973Section “Executive Compensation”. As printed: 1,079,308. Filing ↗
4Section 08, Curtis WarfieldDEF 14A2024-04-290001140361-24-022973Section “Director Compensation”. As printed: 237,866. Filing ↗machine: span 708560–708737
5Section 08, Liat Ben-ZurDEF 14A2024-04-290001140361-24-022973Section “Director Compensation”. As printed: 228,319. Filing ↗machine: span 719917–720094
6Section 08, Swati AbbottDEF 14A2024-04-290001140361-24-022973Section “Director Compensation”. As printed: 228,319. Filing ↗machine: span 722575–722751
7Section 08, Erez ShacharDEF 14A2024-04-290001140361-24-022973Section “Director Compensation”. As printed: 227,866. Filing ↗machine: span 705542–705719
8Section 08, Douglas L. BraunsteinDEF 14A2024-04-290001140361-24-022973Section “Director Compensation”. As printed: 222,866. Filing ↗machine: span 702878–703055
9Section 08, Michael HansenDEF 14A2024-04-290001140361-24-022973Section “Director Compensation”. As printed: 217,866. Filing ↗machine: span 716908–717085
10Section 08, Madhu PawarDEF 14A2024-04-290001140361-24-022973Section “Director Compensation”. As printed: 217,866. Filing ↗machine: span 714242–714419
11Section 08, Jacqueline YeaneyDEF 14A2024-04-290001140361-24-022973Section “Director Compensation”. As printed: 217,866. Filing ↗machine: span 711228–711405
12Section 08, Jon R. CohenDEF 14A2024-04-290001140361-24-022973Section “Director Compensation”. As printed: 0. Filing ↗
13Section 06, 2025 voteForm 8-K2025-06-230000950170-25-089081Item 5.07 · say-on-pay result. As reported: 91.55% (votes for as printed: 73,239,190). Filing ↗
14Section 06, 2024 voteForm 8-K2024-06-200001140361-24-030757Item 5.07 · say-on-pay result. As reported: 99% (votes for as printed: 58,337,354). Filing ↗
15Section 06, 2023 voteForm 8-K2023-10-130001140361-23-048198Item 5.07 · say-on-pay result. As reported: 96.18% (votes for as printed: 79,884,521). Filing ↗
16Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
17Section 09b board cost (computed)ComputedcomputedCash 281,666 + equity 1,345,112 + all other 0 = 1,626,778, summed across the director compensation table rows.machine: formula: Σ = 1,626,778
18Talkspace (subject), Section 10b CEO totalDEF 14A2024-04-290001140361-24-022973CEO total compensation as printed in Talkspace's own proxy. As printed: 1,337,323. Filing ↗