Alex Bard - 28 Jul 2021 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role: Director
Signature: Soleil Boughton - Attorney-in-Fact
Issuer symbol: HIMS
Transactions as of: 28 Jul 2021
Net transactions value: +$667,529
Form type: 4
Filing time: 30 Jul 2021, 20:49:03 UTC
Next filing: 17 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIMS	Class A Common Stock	Options Exercise	$19,998	+1,739	+0.56%	$11.50	313,153	28 Jul 2021	Held by Redpoint Associates VI, L.L.C.	F1, F3
transaction	HIMS	Class A Common Stock	Options Exercise	$647,530	+56,307	+0.56%	$11.50	10,125,520	28 Jul 2021	Held by Redpoint Ventures VI, L.P.	F1, F3
transaction	HIMS	Class A Common Stock	Tax liability		-1,275	-0.41%		311,878	28 Jul 2021	Held by Redpoint Associates VI, L.L.C.	F1, F2, F3
transaction	HIMS	Class A Common Stock	Tax liability		-41,274	-0.41%		10,084,246	28 Jul 2021	Held by Redpoint Ventures VI, L.P.	F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HIMS	Warrant (right to buy)	Options Exercise	$0	-1,739	-100%	$0.000000^*	0	28 Jul 2021	Class A Common Stock	1,739	$11.50	Held by Redpoint Associates VI, L.L.C.	F3
transaction	HIMS	Warrant (right to buy)	Options Exercise	$0	-56,307	-100%	$0.000000^*	0	28 Jul 2021	Class A Common Stock	56,307	$11.50	Held by Redpoint Ventures VI, L.P.	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	RV VI and RA VI (as defined below) exercised warrants to purchase shares of the Issuer's Class A Common Stock. The warrants were exercised on a cashless basis pursuant to Section 6.2 of that certain Warrant Agreement, by and between the Issuer and Continental Stock Transfer & Trust, dated, July 22, 2019 (the "Warrant Agreement"), following the Issuer's Notice of Redemption dated July 9, 2021. In the cashless exercise, under the terms of the Warrant Agreement, RV VI and RA VI received 0.267 shares per warrant exercised and the Issuer withheld 0.733 shares per warrant exercised. The exercise of the warrants, the withholding of shares of Class A Common Stock in the cashless exercises and the resulting issuance of the net shares of Class A Common Stock were exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended.
F2	Represents shares of Class A Common Stock withheld in connection with the cashless exercises.
F3	Alex Bard is one of several members of Redpoint Ventures VI, L.L.C., the general partner of Redpoint Ventures VI, L.P. ("RV VI"), and Redpoint Associates VI, L.L.C. ("RA VI"). Mr. Bard may be deemed a beneficial owner of the securities held by RV VI and RA VI, but disclaims beneficial ownership thereof, except to the extent of any pecuniary interest therein.