Mayfield Xiv, A Cayman Islands Exempted Limited Partnership - May 26, 2023 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role: 10%+ Owner
Signature: MAYFIELD XIV, a Cayman Islands Exempted Limited Partnership, By: MAYFIELD XIV MANAGEMENT (EGP), L.P., its General Partner, By: MAYFIELD XIV MANAGEMENT (UGP), LTD., its General Partner, By: /s/ Paul Kohli, Authorized Signatory
Stock symbol: HCP
Transactions as of: May 26, 2023
Transactions value $: -$3,424,012
Form type: 4
Date filed: 5/31/2023, 04:05 PM
Previous filing: May 30, 2023
Next filing: Jun 1, 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		+51.6K			51.6K	May 26, 2023	Mayfield XIV, a Cayman Islands Exempted Limited Partnership	F1, F2
transaction	HCP	Class A Common Stock	Conversion of derivative security		+51.6K			51.6K	May 26, 2023	Mayfield Select, a Cayman Islands Exempted Limited Partnership	F1, F3
transaction	HCP	Class A Common Stock	Sale	-$1.71M	-51.6K	-100%	$33.20	0	May 26, 2023	Mayfield XIV, a Cayman Islands Exempted Limited Partnership	F2, F5
transaction	HCP	Class A Common Stock	Sale	-$1.71M	-51.6K	-100%	$33.20	0	May 26, 2023	Mayfield Select, a Cayman Islands Exempted Limited Partnership	F3, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	HCP	Class B Common Stock	Conversion of derivative security	$0	-51.6K	-0.36%	$0.00	14.5M	May 26, 2023	Class A Common Stock	51.6K	Mayfield XIV, a Cayman Islands Exempted Limited Partnership	F1, F2
transaction	HCP	Class B Common Stock	Conversion of derivative security	$0	-51.6K	-3.01%	$0.00	1.66M	May 26, 2023	Class A Common Stock	51.6K	Mayfield Select, a Cayman Islands Exempted Limited Partnership	F1, F3
holding	HCP	Class B Common Stock						346K	May 26, 2023	Class A Common Stock	346K	MF Leaders H-E, L.P.	F1, F4

* 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 at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.
F2	Mayfield XIV Management (UGP), Ltd., a Cayman Islands Exempted Company (MF XIV UGP), is the general partner of Mayfield XIV Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership (MF XIV EGP), which is the general partner of Mayfield XIV, a Cayman Islands Exempted Limited Partnership (MF XIV). Rajeev Batra, Navin Chaddha, and Urshit Parikh, the directors of MF XIV UGP, may be deemed to share beneficial ownership of the shares owned by MF XIV, but each of the individuals disclaims such beneficial ownership.
F3	Mayfield Select Management (UGP), Ltd., a Cayman Islands Exempted Company (MF Select UGP), is the general partner of Mayfield Select Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership (MF Select EGP), which is the general partner of Mayfield Select, a Cayman Islands Exempted Limited Partnership (MF Select). Messrs. Batra, Chaddha, and Parikh, the directors of MF Select UGP, may be deemed to share beneficial ownership of the shares owned by MF Select, but each of the individuals disclaims such beneficial ownership.
F4	MF Leaders Management, L.L.C. (MF Leaders GP) is the general partner of MF Leaders H-E, L.P. (MF Leaders). Mr. Chaddha, the sole member of MF Leaders GP, may be deemed to share beneficial ownership of the shares owned by MF Leaders, but disclaims such beneficial ownership.
F5	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.04 to $33.47. The reporting person undertakes to provide 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 range set forth in this footnote.