Understood now!  Appreciate the clarity.
I'm making progress toward fetching the "observer.names" (syslog sending hosts) - and appears script is demonstrating results.
I need some assistance in formatting and sharpening the output.
How do we extract the 'observer.name'  - so that I customize an alert upon "match" of this (alerter approach is one way)
OR
Execute an email from Watcher , inclusive of the "flatlined" sending 'observer.name' when conditions match?
I realize the {{ctx.payload.hits}} is not the field I need, but it's the location I'd like the the 'observer.name' to be.  Is it '_source.observer.name' ?
//
"text": "Systems not responding in the last {{ctx.metadata.last_period}} minutes:{{#ctx.payload._value}}{{.}}:{{/ctx.payload._value}} {{ctx.payload.hits}}
//
The watcher json:
{
  "metadata": {
    "window_period": "24h",
    "last_period":"5m"
  },
  "trigger": {
    "schedule": {
      "interval": "5m"
    }
  },
  "input": {
    "search": {
      "request": {
        "indices": "filebeat-*",
        "body": {
          "query": {
            "range": {
              "@timestamp": {
                "gte": "now-{{ctx.metadata.window_period}}"
              }
            }
          },
          "aggs": {
            "periods": {
              "filters": {
                "filters": {
                  "history": {
                    "range": {
                      "@timestamp": {
                        "gte": "now-{{ctx.metadata.window_period}}"
                      }
                    }
                  },
                  "last_period": {
                    "range": {
                      "@timestamp": {
                        "gte": "now-{{ctx.metadata.last_period}}"
                      }
                    }
                  }
                }
              },
              "aggs": {
                "hosts": {
                  "terms": {
                    "field": "observer.name",
                    "size": 10000
                  }
                }
              }
            }
          },
          "size": 0
        }
      }
    }
  },
  "condition": {
    "script": "return true"
  },
  "throttle_period": "5m",
  "actions": {
    "log": {
      "transform": {
      "script": "return true"
    },
      "logging": {
        "text": "Systems not responding in the last {{ctx.metadata.last_period}} minutes:{{#ctx.payload._value}}{{.}}:{{/ctx.payload._value}} {{ctx.payload.hits}}"
      }
    }
  }
}
Simulated Results:
> {
>   "watch_id": "_inlined_",
>   "node": "_KlItRP8Qp27WSYwbMYzsw",
>   "state": "executed",
>   "user": "elastic",
>   "status": {
>     "state": {
>       "active": true,
>       "timestamp": "2021-03-08T20:49:58.502Z"
>     },
>     "last_checked": "2021-03-08T20:49:58.503Z",
>     "last_met_condition": "2021-03-08T20:49:58.503Z",
>     "actions": {
>       "log": {
>         "ack": {
>           "timestamp": "2021-03-08T20:49:58.503Z",
>           "state": "ackable"
>         },
>         "last_execution": {
>           "timestamp": "2021-03-08T20:49:58.503Z",
>           "successful": true
>         },
>         "last_successful_execution": {
>           "timestamp": "2021-03-08T20:49:58.503Z",
>           "successful": true
>         }
>       }
>     },
>     "execution_state": "executed",
>     "version": -1
>   },
>   "trigger_event": {
>     "type": "manual",
>     "triggered_time": "2021-03-08T20:49:58.503Z",
>     "manual": {
>       "schedule": {
>         "scheduled_time": "2021-03-08T20:49:58.503Z"
>       }
>     }
>   },
>   "input": {
>     "search": {
>       "request": {
>         "search_type": "query_then_fetch",
>         "indices": [
>           "filebeat-*"
>         ],
>         "rest_total_hits_as_int": true,
>         "body": {
>           "query": {
>             "range": {
>               "@timestamp": {
>                 "gte": "now-{{ctx.metadata.window_period}}"
>               }
>             }
>           },
>           "aggs": {
>             "periods": {
>               "filters": {
>                 "filters": {
>                   "history": {
>                     "range": {
>                       "@timestamp": {
>                         "gte": "now-{{ctx.metadata.window_period}}"
>                       }
>                     }
>                   },
>                   "last_period": {
>                     "range": {
>                       "@timestamp": {
>                         "gte": "now-{{ctx.metadata.last_period}}"
>                       }
>                     }
>                   }
>                 }
>               },
>               "aggs": {
>                 "hosts": {
>                   "terms": {
>                     "field": "observer.name",
>                     "size": 10000
>                   }
>                 }
>               }
>             }
>           },
>           "size": 0
>         }
>       }
>     }
>   },
>   "condition": {
>     "script": {
>       "source": "return true",
>       "lang": "painless"
>     }
>   },
>   "metadata": {
>     "last_period": "5m",
>     "window_period": "24h",
>     "name": "testtest",
>     "xpack": {
>       "type": "json"
>     }
>   },
>   "result": {
>     "execution_time": "2021-03-08T20:49:58.503Z",
>     "execution_duration": 472,
>     "input": {
>       "type": "search",
>       "status": "success",
>       "payload": {
>         "_shards": {
>           "total": 53,
>           "failed": 0,
>           "successful": 53,
>           "skipped": 49
>         },
>         "hits": {
>           "hits": [],
>           "total": 10000,
>           "max_score": null
>         },
>         "took": 470,
>         "timed_out": false,
>         "aggregations": {
>           "periods": {
>             "buckets": {
>               "last_period": {
>                 "doc_count": 42242,
>                 "hosts": {
>                   "doc_count_error_upper_bound": 0,
>                   "sum_other_doc_count": 0,
>                   "buckets": [
>                     {
>                       "doc_count": 3619,
>                       "key": "FortiGate-60F"
>                     },
>                     {
>                       "doc_count": 3524,
>                       "key": "NC-Firewall"
>                     },
>                     {
>                       "doc_count": 982,
>                       "key": "TexasFG"
>                     },
>                     {
>                       "doc_count": 4,
>                       "key": "ok-int-wall2600"
>                     }
>                   ]
>                 }
>               },
>               "history": {
>                 "doc_count": 7415336,
>                 "hosts": {
>                   "doc_count_error_upper_bound": 0,
>                   "sum_other_doc_count": 0,
>                   "buckets": [
>                     {
>                       "doc_count": 519864,
>                       "key": "FortiGate-60F"
>                     },
>                     {
>                       "doc_count": 400606,
>                       "key": "NC-Firewall"
>                     },
>                     {
>                       "doc_count": 148454,
>                       "key": "TexasFG"
>                     },
>                     {
>                       "doc_count": 1176,
>                       "key": "ok-int-wall2600"
>                     }
>                   ]
>                 }
>               }
>             }
>           }
>         }
>       },
>       "search": {
>         "request": {
>           "search_type": "query_then_fetch",
>           "indices": [
>             "filebeat-*"
>           ],
>           "rest_total_hits_as_int": true,
>           "body": {
>             "query": {
>               "range": {
>                 "@timestamp": {
>                   "gte": "now-24h"
>                 }
>               }
>             },
>             "aggs": {
>               "periods": {
>                 "filters": {
>                   "filters": {
>                     "history": {
>                       "range": {
>                         "@timestamp": {
>                           "gte": "now-24h"
>                         }
>                       }
>                     },
>                     "last_period": {
>                       "range": {
>                         "@timestamp": {
>                           "gte": "now-5m"
>                         }
>                       }
>                     }
>                   }
>                 },
>                 "aggs": {
>                   "hosts": {
>                     "terms": {
>                       "field": "observer.name",
>                       "size": 10000
>                     }
>                   }
>                 }
>               }
>             },
>             "size": 0
>           }
>         }
>       }
>     },
>     "condition": {
>       "type": "script",
>       "status": "success",
>       "met": true
>     },
>     "actions": [
>       {
>         "id": "log",
>         "type": "logging",
>         "status": "simulated",
>         "transform": {
>           "type": "script",
>           "status": "success",
>           "payload": {
>             "_value": true
>           }
>         },
>         "logging": {
>           "logged_text": "Systems not responding in the last 5m minutes:true: "
>         }
>       }
>     ]
>   },
>   "messages": []
> }