Navam Welihinda - 20 Dec 2022 Form 4 Insider Report for HashiCorp, Inc.

Role
Chief Financial Officer
Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
N/A
Transactions as of
20 Dec 2022
Net transactions value
-$292,307
Form type
4
Filing time
22 Dec 2022, 17:26:48 UTC
Previous filing
03 Nov 2022
Next filing
18 Jan 2023
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 +3,360 +43% 11,211 20 Dec 2022 Direct F1, F2
transaction HCP Class A Common Stock Conversion of derivative security +7,569 +68% 18,780 21 Dec 2022 Direct F3
transaction HCP Class A Common Stock Sale $123,358 -4,589 -24% $26.88 14,191 21 Dec 2022 Direct F4, F5
transaction HCP Class A Common Stock Sale $22,091 -800 -5.6% $27.61 13,391 21 Dec 2022 Direct F4, F6
transaction HCP Class A Common Stock Sale $146,857 -5,540 -41% $26.51 7,851 22 Dec 2022 Direct F7, F8

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 -3,360 -7.1% $0.000000 43,684 20 Dec 2022 Class A Common Stock 3,360 Direct F1, F9
transaction HCP Restricted Stock Units Options Exercise $0 -7,569 -11% $0.000000 60,450 20 Dec 2022 Class B Common Stock 7,569 Direct F10, F11
transaction HCP Class B Common Stock Options Exercise $0 +7,569 +4.2% $0.000000 187,597 20 Dec 2022 Class A Common Stock 7,569 Direct F3
transaction HCP Class B Common Stock Options Exercise $0 -7,569 -4% $0.000000 180,028 21 Dec 2022 Class A Common Stock 7,569 Direct F3
* 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 351 shares 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 $26.43 to $27.42, 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), (6) and (8) 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 $27.48 to $27.79, inclusive.
F7 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.
F8 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 $26.98, inclusive.
F9 The remaining RSUs vest in thirteen equal quarterly installments beginning on March 20,2023.
F10 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F11 The remaining RSUs vest in eight equal quarterly installments beginning on March 20, 2023.