Spencer Lee - 15 Sep 2021 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role: Chief Financial Officer
Signature: /s/ Soleil Boughton - Attorney-in-Fact
Issuer symbol: HIMS
Transactions as of: 15 Sep 2021
Net transactions value: -$118,027
Form type: 4
Filing time: 17 Sep 2021, 20:10:11 UTC
Previous filing: 23 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIMS	Class A Common Stock	Options Exercise		+25,671	+51%		75,564	15 Sep 2021	Direct	F1
transaction	HIMS	Class A Common Stock	Tax liability	$118,027	-13,629	-18%	$8.66	61,935	15 Sep 2021	Direct	F2

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	Restricted Stock Unit	Options Exercise	$0	-10,048	-14%	$0.000000	60,285	15 Sep 2021	Class A Common Stock	10,048		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-200	-14%	$0.000000	1,200	15 Sep 2021	Class A Common Stock	200		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-1,626	-6.7%	$0.000000	22,759	15 Sep 2021	Class A Common Stock	1,626		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-48	-6.6%	$0.000000	679	15 Sep 2021	Class A Common Stock	48		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-4,642	-6.7%	$0.000000	64,992	15 Sep 2021	Class A Common Stock	4,642		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-8,296	-6.7%	$0.000000	116,133	15 Sep 2021	Class A Common Stock	8,296		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-811	-6.7%	$0.000000	11,361	15 Sep 2021	Class A Common Stock	811		Direct	F1, F5

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

Explanation of Responses:

Id	Content
F1	The Reporting Person's Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU. The shares were issued pursuant to vested RSUs released on September 15, 2021.
F2	The shares of Class A Common Stock were withheld by the issuer to cover tax withholding obligations in connection with the previously reported vesting and settlement of RSUs.
F3	The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a four-year period, with 25% of the RSUs vesting on the first Company Quarterly Vesting Date occurring on or following the one-year anniversary of March 15, 2019. The remaining 75% vest in equal quarterly installments over the following three years, on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), subject to the Reporting Person's continuous service with the issuer.
F4	The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a four-year period, with 6.25% of the RSUs vesting on each Company Quarterly Vesting Date occurring on or after March 15, 2021, subject to the Reporting Person's continuous service with the issuer.
F5	The RSUs vest over a 4-year period in substantially equal quarterly installments beginning March 15, 2021, with 6.25% of vesting on each Company Quarterly Vesting Date, subject to the individual's continuous service.