Richard McCathron - Aug 4, 2021 Form 4/A - Amendment Insider Report for Hippo Holdings Inc. (HIPO)

Role: President, Director
Signature: /s/ Stewart Ellis, as Attorney-in-Fact for Richard McCathron
Stock symbol: HIPO
Transactions as of: Aug 4, 2021
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 8/20/2021, 02:50 PM
Date Of Original Report: Aug 4, 2021
Next filing: Aug 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIPO	Common Stock	Award		+3.01M			3.01M	Aug 4, 2021	Direct	F1, F2
transaction	HIPO	Common Stock	Disposed to Issuer		-500K	-16.62%		2.51M	Aug 4, 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		+86.9K			86.9K	Aug 4, 2021	Common Stock	86.9K	$0.05	Direct	F1, F4
transaction	HIPO	Stock Option (Right to Buy)	Award		+164K			164K	Aug 4, 2021	Common Stock	164K	$0.16	Direct	F1, F5
transaction	HIPO	Stock Option (Right to Buy)	Award		+362K			362K	Aug 4, 2021	Common Stock	362K	$0.34	Direct	F1, F6
transaction	HIPO	Stock Option (Right to Buy)	Award		+508K			508K	Aug 4, 2021	Common Stock	508K	$0.34	Direct	F1, F7
transaction	HIPO	Stock Option (Right to Buy)	Award		+695K			695K	Aug 4, 2021	Common Stock	695K	$1.06	Direct	F1, F8

* 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	This option is fully vested and exercisable.
F5	1/16th of the shares underlying the option vest on each quarterly anniversary measured from January 23, 2018, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date.
F6	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.
F7	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.
F8	1/48th of the shares underlying the option vest on each monthly anniversary measured from August 27, 2020, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date.