Brandon Sweeney - Dec 13, 2021 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Chief Revenue Officer
Signature
/s/ Paul Warensky, by power of attorney
Stock symbol
HCP
Transactions as of
Dec 13, 2021
Transactions value $
$0
Form type
4
Date filed
12/15/2021, 07:21 PM
Previous filing
Dec 8, 2021
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Common Stock Other -628K -90.07% 69.2K Dec 13, 2021 Direct F1, F2, F3
transaction HCP Common Stock Other -69.2K -100% 0 Dec 13, 2021 Direct F3, F4

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 Class B Common Stock Other +178K 178K Dec 13, 2021 Class B Common Stock 178K Direct F1, F5
transaction HCP Restricted Stock Units Other +450K 450K Dec 13, 2021 Class B Common Stock 450K Direct F1, F6, F7
transaction HCP Restricted Stock Units Other +69.2K 69.2K Dec 13, 2021 Class A Common Stock 69.2K Direct F4, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
F2 Of the reported shares, 177,720 are represented by shares of Common Stock and the remaining 450,000 are represented by restricted stock units, or RSUs.
F3 The shares are represented by RSUs.
F4 Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock underlying the RSU was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
F5 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F6 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F7 The RSUs vest in nine equal quarterly installments beginning on December 20, 2021.
F8 Each RSU represents a contingent right to receive one share of Issuer Class A Common Stock.
F9 The RSUs vest as to 25% on January 31, 2022 and the remaining shares vest in twelve equal quarterly installments beginning on March 20, 2022.