Marc Holmes - Sep 20, 2022 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Chief Marketing Officer
Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Sep 20, 2022
Transactions value $
-$114,332
Form type
4
Date filed
9/22/2022, 08:19 PM
Previous filing
Jun 22, 2022
Next filing
Dec 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +1.47K +23.07% 7.84K Sep 20, 2022 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +8.65K +110.3% 16.5K Sep 21, 2022 Direct F2
transaction HCP Class A Common Stock Sale -$88.5K -3.06K -18.57% $28.91 13.4K Sep 21, 2022 Direct F3, F4
transaction HCP Class A Common Stock Sale -$25.8K -850 -6.33% $30.34 12.6K 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 -1.47K -6.67% $0.00 20.6K Sep 20, 2022 Class A Common Stock 1.47K Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -8.65K -10% $0.00 77.9K Sep 20, 2022 Class B Common Stock 8.65K Direct F7, F8
transaction HCP Class B Common Stock Options Exercise $0 +8.65K $0.00 8.65K Sep 20, 2022 Class A Common Stock 8.65K Direct F1
transaction HCP Class B Common Stock Conversion of derivative security $0 -8.65K -100% $0.00* 0 Sep 21, 2022 Class A Common Stock 8.65K Direct F1
* 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 restricted stock units, or RSUs.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.27 to $30.255, 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 $30.28 to $30.445, 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 RSUs vest in nine equal quarterly installments beginning on December 20, 2022.