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

Signature
/s/ Stewart Ellis, as Attorney-in-Fact for Aviad Pinkovezky
Issuer symbol
HIPO
Transactions as of
04 Aug 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
20 Aug 2021, 14:48:35 UTC
Date Of Original Report
04 Aug 2021
Next filing
08 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIPO Common Stock Award +1,970,920 1,970,920 04 Aug 2021 See footnote F1, F2, F3
transaction HIPO Common Stock Disposed to Issuer -300,000 -15% 1,670,920 04 Aug 2021 See footnote F3, F4
transaction HIPO Common Stock Award +139,081 139,081 04 Aug 2021 See footnote F1, F5

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 +86,929 86,929 04 Aug 2021 Common Stock 86,929 $0.1600 Direct F1, F6
transaction HIPO Stock Option (Right to Buy) Award +260,787 260,787 04 Aug 2021 Common Stock 260,787 $0.3400 Direct F1, F7
transaction HIPO Stock Option (Right to Buy) Award +405,674 405,674 04 Aug 2021 Common Stock 405,674 $0.3400 Direct F1, F8
transaction HIPO Stock Option (Right to Buy) Award +347,716 347,716 04 Aug 2021 Common Stock 347,716 $1.06 Direct F1, F9
* 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 held by Pinkovezky 2019 Living Trust.
F4 Shares redeemed by the Issuer at a price per share of $10 in a transaction exempt pursuant to Rule 16b-3(e).
F5 Shares held by NORTH POINT TRUST COMPANY, LLC, as Trustee of the EDP FAMILY IRREVOCABLE TRUST dated April 3, 2021.
F6 1/48th of the shares underlying the option vest on each monthly anniversary measured from January 23, 2018, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date.
F7 1/48th of the shares underlying the option vest on each monthly anniversary measured from January 23, 2019, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date.
F8 1/48th of the shares underlying the option vest on each monthly anniversary measured from May 13, 2019, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date.
F9 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.