Ran Harpaz - 04 Aug 2021 Form 4/A - Amendment Insider Report for Hippo Holdings Inc. (HIPO)

Role: Chief Technology Officer
Signature: /s/ Stewart Ellis, as Attorney-in-Fact for Ran Harpaz
Issuer symbol: HIPO
Transactions as of: 04 Aug 2021
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 20 Aug 2021, 14:48:21 UTC
Date Of Original Report: 04 Aug 2021
Next filing: 08 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIPO	Common Stock	Award		+2,404,125			2,404,125	04 Aug 2021	Direct	F1, F2
transaction	HIPO	Common Stock	Disposed to Issuer		-300,000	-12%		2,104,125	04 Aug 2021	Direct	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	HIPO	Stock Option (Right to Buy)	Award		+173,858			173,858	04 Aug 2021	Common Stock	173,858	$1.06	Direct	F1, F4

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

Explanation of Responses:

Id	Content
F1	Pursuant to the business combination of Hippo Holdings Inc. (the "Issuer") and Hippo Enterprises Inc. ("Old Hippo"), each share of Old Hippo outstanding common stock was automatically converted into the right to shares of the Issuer's Common Stock based on a 1 to 6.95433 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Hippo equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Hippo equity awards.
F2	The original Form 4 filed by the Reporting Person on 8/4/2021 contained administrative errors. This Form 4/A corrects the aforementioned errors and accurately reflects the Reporting Person's ownership.
F3	Shares redeemed by the Issuer at a price per share of $10 in a transaction exempt pursuant to Rule 16b-3(e).
F4	1/48th of the shares underlying the option vest on each monthly anniversary measured from December 1, 2020, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date.