Todd R. Ford - 20 Sep 2022 Form 4 Insider Report for HashiCorp, Inc.

Role: Director
Signature: /s/ Paul Warenski, by power of attorney
Issuer symbol: N/A
Transactions as of: 20 Sep 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Sep 2022, 20:22:52 UTC
Previous filing: 19 Jul 2022
Next filing: 22 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCP	Class A Common Stock	Options Exercise		+242	+3.5%		7,218	20 Sep 2022	Direct	F1
transaction	HCP	Class A Common Stock	Conversion of derivative security		+6,250	+87%		13,468	20 Sep 2022	Direct	F2

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	-242	-50%	$0.000000	242	20 Sep 2022	Class A Common Stock	242		Direct	F1, F3
transaction	HCP	Restricted Stock Units	Options Exercise	$0	-6,250	-14%	$0.000000	37,500	20 Sep 2022	Class B Common Stock	6,250		Direct	F4, F5
transaction	HCP	Class B Common Stock	Options Exercise	$0	+6,250	+12%	$0.000000	56,250	20 Sep 2022	Class A Common Stock	6,250		Direct	F2
transaction	HCP	Class B Common Stock	Conversion of derivative security	$0	-6,250	-11%	$0.000000	50,000	20 Sep 2022	Class A Common Stock	6,250		Direct	F2

* 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 remaining RSUs vest on December 20, 2022.
F4	Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F5	The remaining RSUs vest in six equal quarterly installments beginning on December 20, 2022.