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

Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Dec 20, 2022
Transactions value $
-$292,307
Form type
4
Date filed
12/22/2022, 05:26 PM
Previous filing
Nov 3, 2022
Next filing
Jan 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +3.36K +42.8% 11.2K Dec 20, 2022 Direct F1, F2
transaction HCP Class A Common Stock Conversion of derivative security +7.57K +67.51% 18.8K Dec 21, 2022 Direct F3
transaction HCP Class A Common Stock Sale -$123K -4.59K -24.44% $26.88 14.2K Dec 21, 2022 Direct F4, F5
transaction HCP Class A Common Stock Sale -$22.1K -800 -5.64% $27.61 13.4K Dec 21, 2022 Direct F4, F6
transaction HCP Class A Common Stock Sale -$147K -5.54K -41.37% $26.51 7.85K Dec 22, 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 -3.36K -7.14% $0.00 43.7K Dec 20, 2022 Class A Common Stock 3.36K Direct F1, F9
transaction HCP Restricted Stock Units Options Exercise $0 -7.57K -11.13% $0.00 60.5K Dec 20, 2022 Class B Common Stock 7.57K Direct F10, F11
transaction HCP Class B Common Stock Options Exercise $0 +7.57K +4.2% $0.00 188K Dec 20, 2022 Class A Common Stock 7.57K Direct F3
transaction HCP Class B Common Stock Options Exercise $0 -7.57K -4.03% $0.00 180K Dec 21, 2022 Class A Common Stock 7.57K 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.