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

Role
Chief Marketing Officer
Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Dec 8, 2021
Transactions value $
-$1,020,291
Form type
4
Date filed
12/10/2021, 08:19 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 +138K $0.00 138K Dec 8, 2021 Direct F1, F2
transaction HCP Common Stock Award $0 +95K +68.64% $0.00 233K Dec 8, 2021 Direct F1, F3
transaction HCP Common Stock Options Exercise $69K +13K +5.57% $5.32* 246K Dec 9, 2021 Direct F1
transaction HCP Common Stock Sale -$468K -5.63K -2.29% $83.12 241K Dec 9, 2021 Direct F1, F4
transaction HCP Common Stock Sale -$437K -5.2K -2.16% $84.04 236K Dec 9, 2021 Direct F1, F5
transaction HCP Common Stock Sale -$132K -1.56K -0.66% $84.80 234K Dec 9, 2021 Direct F1, F6
transaction HCP Common Stock Sale -$25.8K -300 -0.13% $85.90 234K Dec 9, 2021 Direct F1, F7
transaction HCP Common Stock Sale -$8.67K -100 -0.04% $86.70 234K Dec 9, 2021 Direct F1
transaction HCP Common Stock Sale -$17.6K -200 -0.09% $88.15 233K Dec 9, 2021 Direct F1, F8

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 HCP Employee Stock Option (right to buy) Options Exercise $0 -13K -4.14% $0.00 301K Dec 9, 2021 Common Stock 13K $5.32 Direct 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, 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.
F3 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.55 to $$83.45, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (8) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.55 to $84.51, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.56 to $85.50, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.60 to $86.30, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.95 to $88.35, inclusive.
F9 The shares underlying the option vested as to 25% of the total shares on February 19, 2020 and the remaining shares vest in 36 equal monthly installments thereafter.