Sigal Zarmi - 13 Dec 2021 Form 4 Insider Report for HashiCorp, Inc.

Role: Director
Signature: /s/ Paul Warensky, by power of attorney
Issuer symbol: N/A
Transactions as of: 13 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 15 Dec 2021, 19:27:55 UTC
Previous filing: 10 Dec 2021
Next filing: 22 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCP	Common Stock	Other		-50,000	-100%		0	13 Dec 2021	Direct	F1, 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	HCP	Class B Common Stock	Other		+6,250			6,250	13 Dec 2021	Class A Common Stock	6,250		Direct	F1, F3
transaction	HCP	Restricted Stock Units	Other		+43,750			43,750	13 Dec 2021	Class B Common Stock	43,750		Direct	F1, F4, F5

* 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 B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
F2	Of the reported shares, 6,250 are represented by shares of Common Stock and the remaining 43,750 are represented by restricted stock units, or RSUs.
F3	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.
F4	Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F5	The RSUs vest in 14 equal quarterly installments beginning on December 20, 2021.