Armon Dadgar - Nov 4, 2022 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Nov 4, 2022
Transactions value $
-$472,086
Form type
4
Date filed
12/22/2022, 05:25 PM
Previous filing
Sep 26, 2022
Next filing
Nov 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Conversion of derivative security +1.52M 1.52M Nov 4, 2022 See footnote F1, F2
transaction HCP Class A Common Stock Conversion of derivative security +282K 282K Nov 4, 2022 See footnote F1, F3
transaction HCP Class A Common Stock Conversion of derivative security +70K 70K Nov 4, 2022 See footnote F1, F4
transaction HCP Class A Common Stock Options Exercise +2.94K +12.97% 25.6K Dec 20, 2022 Direct F5, F6
transaction HCP Class A Common Stock Conversion of derivative security +14.6K +57.07% 40.2K Dec 21, 2022 Direct F1
transaction HCP Class A Common Stock Sale -$150K -5.57K -13.86% $26.84 34.7K Dec 21, 2022 Direct F7, F8
transaction HCP Class A Common Stock Sale -$39.4K -1.3K -3.75% $30.32 33.4K Dec 21, 2022 Direct F7, F9
transaction HCP Class A Common Stock Sale -$283K -10.7K -32.03% $26.50 22.7K Dec 22, 2022 Direct F10, F11

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 Class B Common Stock Conversion of derivative security $0 -1.52M -10% $0.00 13.7M Nov 4, 2022 Class A Common Stock 1.52M See footnote F1, F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -282K -12.06% $0.00 2.06M Nov 4, 2022 Class A Common Stock 282K See footnote F1, F3
transaction HCP Class B Common Stock Conversion of derivative security $0 -70K -9.87% $0.00 639K Nov 4, 2022 Class A Common Stock 70K See footnote F1, F4
transaction HCP Restricted Stock Units Options Exercise $0 -2.94K -7.14% $0.00 38.2K Dec 20, 2022 Class A Common Stock 2.94K Direct F1, F12
transaction HCP Restricted Stock Units Options Exercise $0 -6.49K -11.11% $0.00 51.9K Dec 20, 2022 Class B Common Stock 6.49K Direct F11, F13
transaction HCP Restricted Stock Units Options Exercise $0 -8.13K -20% $0.00 32.5K Dec 20, 2022 Class B Common Stock 8.13K Direct F11, F14
transaction HCP Class B Common Stock Options Exercise $0 +14.6K +3.04% $0.00 496K Dec 20, 2022 Class A Common Stock 14.6K Direct F1
transaction HCP Class B Common Stock Conversion of derivative security $0 -14.6K -2.95% $0.00 481K Dec 21, 2022 Class A Common Stock 14.6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The shares are held of record by the Armon Dadgar 2020 Charitable Trust.
F3 The shares are held of record by the Armon Memaran-Dadgar Living Trust for which the reporting person serves as trustee.
F4 The shares are held of record by Black Swan III, LLC which the reporting person controls.
F5 Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class A Common Stock.
F6 Includes 351 shares acquired under the Issuer's Employee Stock Purchase Plan on December 15, 2022.
F7 The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
F8 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 $27.29, 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 (8), (9) and (11) to this Form 4.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.39 to $27.79, inclusive.
F10 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.97, inclusive..
F12 The remaining RSUs vest in thirteen equal quarterly installments beginning on March 20, 2023.
F13 The remaining RSUs vest in eight equal quarterly installments beginning on March 20, 2023.
F14 The remaining RSUs vest in four quarterly installments beginning on March 20, 2023.