David McJannet - Jan 31, 2022 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
Jan 31, 2022
Transactions value $
-$912,695
Form type
4
Date filed
3/22/2022, 09:30 PM
Previous filing
Dec 23, 2021
Next filing
Jun 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Conversion of derivative security +19K 19K Mar 21, 2022 Direct F1
transaction HCP Class A Common Stock Sale -$913K -19K -100% $48.06 0 Mar 21, 2022 Direct F2, F3

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 Restricted Stock Units Options Exercise $0 -77.8K -25% $0.00 233K Jan 31, 2022 Class B Common Stock 77.8K Direct F4, F5
transaction HCP Restricted Stock Units Award $0 +121K $0.00 121K Feb 1, 2022 Class A Common Stock 121K Direct F6, F7
transaction HCP Restricted Stock Units Options Exercise $0 -19.5K -8.33% $0.00 214K Mar 20, 2022 Class B Common Stock 19.5K Direct F4, F8
transaction HCP Restricted Stock Units Options Exercise $0 -19.9K -12.5% $0.00 139K Mar 20, 2022 Class B Common Stock 19.9K Direct F6, F9
transaction HCP Class B Common Stock Options Exercise $0 +77.8K +108.58% $0.00 149K Jan 31, 2022 Class A Common Stock 77.8K Direct F1
transaction HCP Class B Common Stock Tax liability $0 -36.4K -24.37% $0.00 113K Jan 31, 2022 Class A Common Stock 36.4K Direct F1, F10
transaction HCP Class B Common Stock Options Exercise $0 +39.3K +34.78% $0.00 152K Mar 20, 2022 Class A Common Stock 39.3K Direct F1
transaction HCP Class B Common Stock Conversion of derivative security $0 -19K -12.46% $0.00 133K Mar 21, 2022 Class A Common Stock 19K Direct F1
holding HCP Class B Common Stock 1.41M Jan 31, 2022 Class A Common Stock 1.41M See footnote F1, F11
holding HCP Class B Common Stock 681K Jan 31, 2022 Class A Common Stock 681K See footnote F1, F12
holding HCP Class B Common Stock 681K Jan 31, 2022 Class A Common Stock 681K See footnote F1, F13
holding HCP Class B Common Stock 60K Jan 31, 2022 Class A Common Stock 60K See footnote F1, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units, or RSUs.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.00 to $48.18, 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.
F4 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F5 The RSUs vested as to 25% on January 31, 2022 and the remaining shares vest in twelve equal quarterly installments beginning on March 20, 2022.
F6 Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class A Common Stock.
F7 The RSUs vest in sixteen equal quarterly installments beginning on June 20, 2022.
F8 The remaining RSUs vest in eleven equal quarterly installments beginning on June 20, 2022.
F9 The RSUs vest in seven equal quarterly installments beginning on June 20, 2022.
F10 The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
F11 The shares are held of record by a family trust for which the reporting person serves as a trustee..
F12 The shares are held of record by the Emerald GST Non-Exempt Trust.
F13 The shares are held of record by the Sapphire GST Non-Exempt Trust.
F14 The shares are held of record by an additional family trust.