David McJannet - Dec 20, 2021 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Dec 20, 2021
Transactions value $
-$623,891
Form type
4
Date filed
12/22/2022, 05:16 PM
Previous filing
Dec 17, 2021
Next filing
May 16, 2022

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 +15.12% 57.6K Dec 20, 2022 Direct F1, F2
transaction HCP Class A Common Stock Conversion of derivative security +39.3K +68.34% 96.9K Dec 21, 2022 Direct F3
transaction HCP Class A Common Stock Sale -$508K -18.9K -19.53% $26.85 78K Dec 21, 2022 Direct F4, F5
transaction HCP Class A Common Stock Sale -$116K -4.2K -5.39% $27.58 73.8K Dec 21, 2022 Direct F4, F6

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 -19.9K -19.57% $0.00 81.7K Dec 20, 2021 Class B Common Stock 19.9K Direct F7, F8
transaction HCP Class B Common Stock Options Exercise $0 +19.9K +27.73% $0.00 91.6K Dec 20, 2021 Class A Common Stock 19.9K Direct F3
transaction HCP Class B Common Stock Tax liability $0 -9.87K -10.79% $0.00 81.7K Dec 20, 2021 Class A Common Stock 9.87K Direct F3, F9
transaction HCP Restricted Stock Units Options Exercise $0 -7.56K -7.14% $0.00 98.3K Dec 20, 2022 Class A Common Stock 7.56K Direct F1, F10
transaction HCP Restricted Stock Units Options Exercise $0 -19.5K -11.11% $0.00 156K Dec 20, 2022 Class B Common Stock 19.5K Direct F11, F12
transaction HCP Restricted Stock Units Options Exercise $0 -19.9K -20% $0.00 79.5K Dec 20, 2022 Class B Common Stock 19.9K Direct F11, F13
transaction HCP Class B Common Stock Options Exercise $0 +39.3K +27.43% $0.00 183K Dec 20, 2022 Class A Common Stock 39.3K Direct F3
transaction HCP Class B Common Stock Conversion of derivative security $0 -39.3K -21.52% $0.00 143K Dec 20, 2022 Class A Common Stock 39.3K Direct F3
holding HCP Class B Common Stock 1.36M Dec 20, 2021 Class A Common Stock 1.36M See footnote F3, F14
holding HCP Class B Common Stock 681K Dec 20, 2021 Class A Common Stock 681K See footnote F3, F15
holding HCP Class B Common Stock 681K Dec 20, 2021 Class A Common Stock 681K See footnote F3, F16
holding HCP Class B Common Stock 60K Dec 20, 2021 Class A Common Stock 60K See footnote F3, F17
* 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 Includes 496 shares of Class A Common Stock acquired under the Issuer's Employee Stock Purchase Plan on December 15, 2022.
F3 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.
F4 The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.37 to $27.35, 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 (5) and (6) to this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.38 to $27.83, inclusive.
F7 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.(8) The remaining RSUs vest in eight equal quarterly installments beginning on March 20, 2022.
F8 The remaining RSUs vest in eight equal quarterly installments beginning on March 20, 2022.
F9 The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
F10 The remaining RSUs vest in thirteen equal quarterly installments beginning on March 20, 2023.
F11 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F12 The remaining RSUs vest in eight equal quarterly installments beginning on March 20, 2023.
F13 The remaining RSUs vest in four equal quarterly installments beginning on March 20, 2023.
F14 The shares are held of record by a family trust for which the reporting person serves as a trustee. The amounts reported in Columns 7 and 9 reflect a decrease of 9,940 shares of Class B Common Stock due to an administrative error on the Form 4 filed on May 16, 2022 and which were reflected in subsequent reports filed through September 22, 2022.
F15 The shares are held of record by the Emerald GST Non-Exempt Trust.
F16 The shares are held of record by the Sapphire GST Non-Exempt Trust.
F17 The shares are held of record by an additional family trust.