Kristen Green - Jul 30, 2021 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role
Director
Signature
Soleil Boughton - Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
Jul 30, 2021
Transactions value $
$626,497
Form type
4
Date filed
8/3/2021, 09:00 PM
Previous filing
May 28, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock +Options Exercise $53,222 +4,628 +0.56% $11.50 832,262 Jul 30, 2021 Held by Forerunner Builders II, L.P. F1, F3
transaction HIMS Class A Common Stock +Options Exercise $573,275 +49,850 +0.56% $11.50 8,964,565 Jul 30, 2021 Held by Forerunner Partners III, L.P. F1, F3
transaction HIMS Class A Common Stock -Tax liability -3,393 -0.41% 828,869 Jul 30, 2021 Held by Forerunner Builders II, L.P. F1, F2, F3
transaction HIMS Class A Common Stock -Tax liability -36,541 -0.41% 8,928,024 Jul 30, 2021 Held by Forerunner Partners III, 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 -4,628 -100% $0.00 0 Jul 30, 2021 Class A Common Stock 4,628 $11.50 Held by Forerunner Builders II, L.P. F3
transaction HIMS Warrant (right to buy) -Options Exercise $0 -49,850 -100% $0.00 0 Jul 30, 2021 Class A Common Stock 49,850 $11.50 Held by Forerunner Partners III, L.P. F3

Explanation of Responses:

Id Content
F1 FB II and FP III (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, FB II and FP III 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 Ms. Green is a managing member of Forerunner Ventures GP III, LLC, which is the general partner of Forerunner Builders II, L.P. ("FB II") and Forerunner Partners III, L.P. ("FP III"). Ms. Green may be deemed a beneficial owner of the securities held by FB II and FP III, but disclaims beneficial ownership thereof, except to the extent of any pecuniary interest therein.