Len FW Investor, LLC - 08 Apr 2022 Form 4 Insider Report for Hippo Holdings Inc. (HIPO)

Role: 10%+ Owner
Signature: /s/ Mark Sustana as VP, GC and Secretary of Lennar Corporation
Issuer symbol: HIPO
Transactions as of: 08 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 12 Apr 2022, 08:23:22 UTC
Previous filing: 15 Mar 2022
Next filing: 19 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIPO	Common Stock	Other		+22,126,674	+75%		51,465,797	08 Apr 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Common Stock acquired pursuant to a distribution in-kind from Fifth Wall Ventures SPV IV, L.P. made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
F2	The securities are directly owned by Len FW Investor, LLC ("LEN FW"), the sole member of which is LEN X, LLC ("LENX"), which is a wholly-owned subsidiary of Lennar Corporation ("Lennar"), a publicly traded company with its stock listed on the NYSE. LENX and Lennar are indirect beneficial owners and disclaim beneficial ownership except to the extent of their pecuniary interest therein. LEN FW holds a proxy to vote an additional 25,723,624 shares, but it has no pecuniary interest in those shares.

Content

Represents shares of Common Stock acquired pursuant to a distribution in-kind from Fifth Wall Ventures SPV IV, L.P. made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended.

The securities are directly owned by Len FW Investor, LLC ("LEN FW"), the sole member of which is LEN X, LLC ("LENX"), which is a wholly-owned subsidiary of Lennar Corporation ("Lennar"), a publicly traded company with its stock listed on the NYSE. LENX and Lennar are indirect beneficial owners and disclaim beneficial ownership except to the extent of their pecuniary interest therein. LEN FW holds a proxy to vote an additional 25,723,624 shares, but it has no pecuniary interest in those shares.