Committee Composition

	Audit	Nominating and Governance	Compensation
Robert A. Frist, Jr.
Chief Executive Officer Robert A. Frist, Jr., co-founder, has served as chief executive officer, president, and chairman of the board of directors since 1990. He is a board member at Nashville's Adventure Science Center and for the Minnie Pearl Cancer Foundation. He graduated with a Bachelor of Science in business with concentrations in finance, economics, and marketing from Trinity University. Over the last 21 years, Mr. Frist has introduced innovative learning and research solutions to the nation's hospitals and healthcare organizations, positioning HealthStream as a leader in healthcare education and research. Holdings: 5,786,003 shares     View Transactions Date Type Shares Traded Price Range Jan 23, 2012 Option Execute 50,000 2.69 Mar 6, 2009 Buy 35,300 1.98 - 2.00 Mar 5, 2009 Buy 10,700 1.95 - 2.00 Mar 4, 2009 Buy 4,000 1.94 Nov 14, 2008 Buy 10,000 2.53 - 2.54 Nov 12, 2008 Buy 169,000 2.30 - 2.50 Nov 11, 2008 Buy 52,900 2.25 - 2.38 Nov 10, 2008 Buy 7,500 2.31
Thompson . S Dent
Director Elected 1995
Frank E. Gordon
Director Elected 2002 Holdings: 91,000 shares     View Transactions Date Type Shares Traded Price Range Mar 13, 2009 Buy 10,000 1.90 - 2.00 Nov 13, 2008 Buy 2,100 2.45 Nov 12, 2008 Buy 1,400 2.40 Nov 15, 2007 Buy 4,300 3.20 - 3.23 Nov 14, 2007 Buy 2,673 3.15 - 3.23 Nov 13, 2007 Buy 7,327 3.00 - 3.15 Nov 13, 2007 Buy 700 3.11 Nov 7, 2006 Buy 5,500 3.45 Nov 6, 2006 Buy 4,500 3.43
C. Martin Harris, M.D.
Director Holdings: 0 shares     View Transactions Date Type Shares Traded Price Range Sep 8, 2010 Statement of Ownership 0 n/a
Jeffrey L. McLaren
Director Elected 1990 Holdings: 62,467 shares     View Transactions Date Type Shares Traded Price Range Nov 23, 2011 Sell 30,000 15.44 Nov 23, 2011 Option Execute 5,000 1.39 Aug 16, 2010 Sell 15,000 4.92 - 4.95 Aug 13, 2010 Sell 35,000 4.90 - 4.98 Nov 4, 2009 Sell 60,000 4.45 - 4.55 Nov 3, 2009 Sell 7,600 3.95 Oct 31, 2009 Sell 400 3.95 Aug 18, 2009 Sell 350 3.90 Aug 14, 2009 Sell 18,613 3.90 - 3.92 Aug 7, 2009 Sell 50 4.05 Aug 6, 2009 Sell 3,242 4.05 - 4.07 Aug 5, 2009 Sell 15,528 4.05 - 4.12 Aug 4, 2009 Sell 4,130 4.00 - 4.12 Nov 14, 2008 Sell 8,175 2.65 Nov 12, 2008 Sell 15,000 2.50 Sep 21, 2007 Sell 20,000 3.00 Mar 30, 2006 Automatic Sell 19,344 3.40 - 3.70 Mar 27, 2006 Automatic Sell 656 3.40 Mar 16, 2006 Automatic Sell 32,500 3.17 - 3.36
Dale W. Polley
Director Elected 2006 Holdings: 6,000 shares     View Transactions Date Type Shares Traded Price Range Aug 13, 2010 Buy 1,000 4.95 - 4.95 Nov 2, 2006 Buy 5,000 3.43 - 3.64 Sep 11, 2006 Statement of Ownership 0 n/a
Linda Rebrovick
Director Elected 2001 Holdings: 20,000 shares     View Transactions Date Type Shares Traded Price Range Nov 23, 2011 Sell 10,000 15.44 Nov 23, 2011 Option Execute 10,000 1.39 - 1.54 Nov 5, 2007 Option Execute 20,000 1.24 - 1.66
Michael Shmerling
Director Elected 2005 Holdings: 123,637 shares     View Transactions Date Type Shares Traded Price Range Nov 3, 2009 Buy 6,675 3.87 - 3.92 Nov 2, 2009 Buy 4,142 3.82 - 3.85 Mar 18, 2009 Buy 3,500 1.94 Mar 9, 2009 Buy 6,760 1.94 - 1.95 Mar 6, 2009 Buy 7,000 1.92 - 1.98 Nov 6, 2008 Buy 10,000 2.20 - 2.22 Nov 6, 2008 Buy 13,029 2.20 Nov 4, 2008 Buy 625 2.17 - 2.23 Nov 7, 2007 Buy 20,600 3.29 - 3.34 Nov 7, 2007 Buy 9,400 3.29 Nov 6, 2007 Buy 7,870 3.29 Sep 21, 2007 Buy 20,000 3.00 May 3, 2007 Option Execute 5,000 3.36 Nov 14, 2006 Buy 5,000 3.58 Nov 13, 2006 Buy 592 3.39 Nov 10, 2006 Buy 3,444 3.39
William W. Stead, M.D.
Director Elected 1998
Deborah Taylor Tate
Director Holdings: 0 shares     View Transactions Date Type Shares Traded Price Range Sep 8, 2010 Statement of Ownership 0 n/a

= Chair of the Board = Chair = Member

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