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

Role: Chief Financial Officer
Signature: /s/ Soleil Boughton - Attorney-in-Fact
Stock symbol: HIMS
Transactions as of: Sep 15, 2021
Transactions value $: -$118,027
Form type: 4
Date filed: 9/17/2021, 08:10 PM
Previous filing: Jul 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIMS	Class A Common Stock	Options Exercise		+25.7K	+51.45%		75.6K	Sep 15, 2021	Direct	F1
transaction	HIMS	Class A Common Stock	Tax liability	-$118K	-13.6K	-18.04%	$8.66	61.9K	Sep 15, 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	-10K	-14.29%	$0.00	60.3K	Sep 15, 2021	Class A Common Stock	10K		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-200	-14.29%	$0.00	1.2K	Sep 15, 2021	Class A Common Stock	200		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-1.63K	-6.67%	$0.00	22.8K	Sep 15, 2021	Class A Common Stock	1.63K		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-48	-6.6%	$0.00	679	Sep 15, 2021	Class A Common Stock	48		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-4.64K	-6.67%	$0.00	65K	Sep 15, 2021	Class A Common Stock	4.64K		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-8.3K	-6.67%	$0.00	116K	Sep 15, 2021	Class A Common Stock	8.3K		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-811	-6.66%	$0.00	11.4K	Sep 15, 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.