David McJannet - Dec 8, 2021 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
CEO and Chairman, Director
Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Dec 8, 2021
Transactions value $
-$5,396,000
Form type
4
Date filed
12/10/2021, 08:12 PM
Next filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Common Stock Award $0 +318K $0.00 318K Dec 8, 2021 Direct F1, F2
transaction HCP Common Stock Tax liability -$5.4M -67.5K -21.21% $80.00 251K Dec 8, 2021 Direct F1, F3
transaction HCP Common Stock Award $0 +311K +124.25% $0.00 562K Dec 8, 2021 Direct F1, F4
transaction HCP Common Stock Award $0 +285K +50.73% $0.00 847K Dec 8, 2021 Direct F1, F5
holding HCP Common Stock 1.42M Dec 8, 2021 See footnote F1, F6
holding HCP Common Stock 681K Dec 8, 2021 See footnote F1, F7
holding HCP Common Stock 681K Dec 8, 2021 See footnote F1, F8
holding HCP Common Stock 60K Dec 8, 2021 See footnote F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock shall be reclassified into one share of Class B Common Stock.
F2 The reported shares are represented by restricted stock units, or RSUs, of which 139,124 have vested and the remaining shares vest in nine equal quarterly installments beginning on December 20, 2021. Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share underlying these RSUs shall be reclassified into one share of Class B Common Stock.
F3 The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
F4 The reported shares are represented by RSUs which vest as to 25% on January 31, 2022 and the remaining shares vest in twelve equal quarterly installments beginning on March 20, 2022. Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share underlying these RSUs shall be reclassified into one share of Class B Common Stock.
F5 The reported shares are represented by RSUs which vest as to 50% on December 9, 2023 and the remaining shares vest in eight equal quarterly installments beginning on December 20, 2023. Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share underlying these RSUs shall be reclassified into one share of Class A Common Stock.
F6 The shares are held of record by a family trust for which the reporting person serves as a trustee.
F7 The shares are held of record by the Emerald GST Non-Exempt Trust.
F8 The shares are held of record by the Sapphire GST Non-Exempt Trust.
F9 The shares are held of record by an additional family trust.