Lynne Chou O'Keefe - Jul 28, 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 28, 2021
Transactions value $
$10,132
Form type
4
Date filed
8/6/2021, 09:00 PM
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise $10.1K +881 +0.56% $11.50 159K Jul 28, 2021 Held by Define Ventures Fund I, L.P. F1, F3
transaction HIMS Class A Common Stock Tax liability -646 -0.41% 158K Jul 28, 2021 Held by Define Ventures Fund I, 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 +881 $0.00* 0 Jul 28, 2021 Class A Common Stock 881 $11.50 Held by Define Ventures Fund I, L.P. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Define Ventures Fund I, L.P. exercised warrants to purchase shares of the Issuer's Class A Common Stock on July 28, 2021. 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, Define Ventures Fund I, L.P. 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.Chou O'Keefe may be deemed a beneficial owner of the securities held by Define Ventures Fund I, L.P..