Sandra S. Wijnberg - Aug 4, 2021 Form 4 Insider Report for Hippo Holdings Inc. (HIPO)

Role
Director
Signature
/s/ Stewart Ellis, as Attorney-in-Fact for Sandra Wijnberg
Stock symbol
HIPO
Transactions as of
Aug 4, 2021
Transactions value $
$0
Form type
4
Date filed
8/4/2021, 09:18 PM
Previous filing
Jul 8, 2021
Next filing
Aug 23, 2021

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 HIPO Stock Option (Right to Buy) Award +243K 243K Aug 4, 2021 Common Stock 243K $1.06 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/12th of the shares underlying the option vest on each monthly anniversary measured from September 28, 2020, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date.
F2 Pursuant to the business combination of Hippo Holdings Inc. (the "Issuer") and Hippo Enterprises Inc. ("Old Hippo"), each outstanding Old Hippo equity award was automatically converted into a corresponding equity award of the Issuer based on a 1 to 6.95433 conversion ratio and with the same terms and vesting conditions as the Old Hippo equity award.