Armon Dadgar - 20 Sep 2022 Form 4 Insider Report for HashiCorp, Inc.

Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
N/A
Transactions as of
20 Sep 2022
Net transactions value
-$583,395
Form type
4
Filing time
22 Sep 2022, 20:10:37 UTC
Previous filing
07 Sep 2022
Next filing
26 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +2,940 +25% 14,490 20 Sep 2022 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +14,611 +101% 29,101 21 Sep 2022 Direct F2
transaction HCP Class A Common Stock Sale $141,605 -4,783 -16% $29.61 24,318 21 Sep 2022 Direct F3, F4
transaction HCP Class A Common Stock Sale $60,647 -2,000 -8.2% $30.32 22,318 21 Sep 2022 Direct F3, F5
transaction HCP Class A Common Stock Sale $327,324 -12,034 -54% $27.20 10,284 22 Sep 2022 Direct F6, F7
transaction HCP Class A Common Stock Sale $39,338 -1,400 -14% $28.10 8,884 22 Sep 2022 Direct F6, F8
transaction HCP Class A Common Stock Sale $14,481 -500 -5.6% $28.96 8,384 22 Sep 2022 Direct F6, F9

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 -2,940 -6.7% $0.000000 41,164 20 Sep 2022 Class A Common Stock 2,940 Direct F1, F10
transaction HCP Restricted Stock Units Options Exercise $0 -6,487 -10% $0.000000 58,388 20 Sep 2022 Class B Common Stock 6,487 Direct F11, F12
transaction HCP Restricted Stock Units Options Exercise $0 -8,124 -17% $0.000000 40,626 20 Sep 2022 Class B Common Stock 8,124 Direct F11, F13
transaction HCP Class B Common Stock Options Exercise $0 +14,611 +18% $0.000000 95,291 20 Sep 2022 Class A Common Stock 14,611 Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -14,611 -15% $0.000000 80,680 21 Sep 2022 Class A Common Stock 14,611 Direct F2
holding HCP Class B Common Stock 15,200,000 20 Sep 2022 Class A Common Stock 15,200,000 See Footnote F2, F14
holding HCP Class B Common Stock 2,339,030 20 Sep 2022 Class A Common Stock 2,339,030 See Footnote F2, F15
holding HCP Class B Common Stock 709,288 20 Sep 2022 Class A Common Stock 709,288 See Footnote F2, F16
* 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 $29.19 to $30.15, 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), (5) and (7) through (9) 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 $30.22 to $30.44, inclusive.
F6 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 21, 2022.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.87 to $27.79, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.87 to $28.34, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.93 to $28.98, inclusive.
F10 The remaining RSUs vest in fourteen equal quarterly installments beginning on December 20, 2022.
F11 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F12 The remaining RSUs vest in nine equal quarterly installments beginning on December 20, 2022.
F13 The remaining RSUs vest in five quarterly installments beginning on September 20, 2022.
F14 The shares are held of record by the Armon Dadgar 2020 Charitable Trust.
F15 The shares are held of record by the Armon Memaran-Dadgar Living Trust for which the reporting person serves as trustee.
F16 The shares are held of record by Black Swan III, LLC which the reporting person controls.