Brandon Sweeney - Mar 20, 2022 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
Mar 20, 2022
Transactions value $
-$1,260,632
Form type
4
Date filed
3/22/2022, 09:32 PM
Previous filing
May 16, 2022
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 +26.2K 26.2K Mar 21, 2022 Direct F1
transaction HCP Class A Common Stock Sale -$1.26M -26.2K -100% $48.10 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 -4.33K -8.33% $0.00 47.6K Mar 20, 2022 Class B Common Stock 4.33K Direct F4, F5
transaction HCP Restricted Stock Units Options Exercise $0 -50K -12.5% $0.00 350K Mar 20, 2022 Class B Common Stock 50K Direct F4, F6
transaction HCP Class B Common Stock Options Exercise $0 +54.3K $0.00 54.3K Mar 20, 2022 Class A Common Stock 54.3K Direct F1
transaction HCP Class B Common Stock Conversion of derivative security $0 -26.2K -48.24% $0.00 28.1K Mar 21, 2022 Class A Common Stock 26.2K Direct F1
* 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 $47.7101 to $48.17, 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 vest in eleven equal quarterly installments beginning on June 20, 2022.
F6 The RSUs vest in eight equal quarterly installments beginning on June 20, 2022.