David McJannet - Sep 20, 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
Sep 20, 2022
Transactions value $
-$680,593
Form type
4
Date filed
9/22/2022, 08:07 PM
Previous filing
Jun 22, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +7.56K +29.72% 33K Sep 20, 2022 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +39.3K +119.16% 72.3K Sep 21, 2022 Direct F2
transaction HCP Class A Common Stock Sale -$502K -16.9K -23.41% $29.63 55.4K Sep 21, 2022 Direct F3, F4
transaction HCP Class A Common Stock Sale -$179K -5.9K -10.65% $30.32 49.5K Sep 21, 2022 Direct F3, F5

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 -7.56K -6.67% $0.00 106K Sep 20, 2022 Class A Common Stock 7.56K Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -19.5K -10% $0.00 175K Sep 20, 2022 Class B Common Stock 19.5K Direct F7, F8
transaction HCP Restricted Stock Units Options Exercise $0 -19.9K -16.67% $0.00 99.4K Sep 20, 2022 Class B Common Stock 19.9K Direct F7, F9
transaction HCP Class B Common Stock Options Exercise $0 +39.3K +29.48% $0.00 173K Sep 20, 2022 Class A Common Stock 39.3K Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -39.3K -22.77% $0.00 133K Sep 21, 2022 Class A Common Stock 39.3K Direct F2
holding HCP Class B Common Stock 1.41M Sep 20, 2022 Class A Common Stock 1.41M See footnote F2, F10
holding HCP Class B Common Stock 681K Sep 20, 2022 Class A Common Stock 681K See footnote F2, F11
holding HCP Class B Common Stock 681K Sep 20, 2022 Class A Common Stock 681K See footnote F2, F12
holding HCP Class B Common Stock 60K Sep 20, 2022 Class A Common Stock 60K See footnote F2, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class A Common Stock.
F2 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.
F3 The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.23 to $30.22, 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 within the ranges set forth in footnotes (4) and (5) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.23 to $30.40, inclusive.
F6 The remaining RSUs vest in fourteen equal quarterly installments beginning on December 20, 2022.
F7 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F8 The remaining RSUs vest in nine equal quarterly installments beginning on December 20, 2022.
F9 The remaining RSUs vest in five equal quarterly installments beginning on December 20, 2022.
F10 The shares are held of record by a family trust for which the reporting person serves as a trustee.
F11 The shares are held of record by the Emerald GST Non-Exempt Trust.
F12 The shares are held of record by the Sapphire GST Non-Exempt Trust.
F13 The shares are held of record by an additional family trust.