David McJannet - Jun 20, 2023 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
CEO and Chairman, Director
Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Jun 20, 2023
Transactions value $
-$1,032,094
Form type
4
Date filed
6/22/2023, 08:13 PM
Previous filing
Mar 27, 2023
Next filing
Sep 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +36K +34.9% 139K Jun 20, 2023 Direct F1, F2
transaction HCP Class A Common Stock Conversion of derivative security +39.3K +28.26% 178K Jun 21, 2023 Direct F3
transaction HCP Class A Common Stock Sale -$1.03M -39K -21.83% $26.49 140K Jun 21, 2023 Direct F4, 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 Exercise Price Ownership Footnotes
transaction HCP Restricted Stock Units Options Exercise $0 -7.56K -8.33% $0.00 83.2K Jun 20, 2023 Class A Common Stock 7.56K Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -28.4K -6.25% $0.00 427K Jun 20, 2023 Class A Common Stock 28.4K Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -19.5K -14.29% $0.00 117K Jun 20, 2023 Class B Common Stock 19.5K Direct F8, F9
transaction HCP Restricted Stock Units Options Exercise $0 -19.9K -33.33% $0.00 39.8K Jun 20, 2023 Class B Common Stock 19.9K Direct F8, F10
transaction HCP Class B Common Stock Options Exercise $0 +39.3K +27.43% $0.00 183K Jun 20, 2023 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 Jun 21, 2023 Class A Common Stock 39.3K Direct F3
holding HCP Class B Common Stock 1.36M Jun 20, 2023 Class A Common Stock 1.36M See footnote F3, F11
holding HCP Class B Common Stock 681K Jun 20, 2023 Class A Common Stock 681K See footnote F3, F12
holding HCP Class B Common Stock 681K Jun 20, 2023 Class A Common Stock 681K See footnote F3, F13
holding HCP Class B Common Stock 60K Jun 20, 2023 Class A Common Stock 60K See footnote F3, F14
* 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 Class A Common Stock.
F2 Includes 500 shares of Class A Common Stock acquired under the Issuer's Employee Stock Purchase Plan on June 15, 2023.
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 $26.26 to $26.68, 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.
F6 The remaining RSUs vest in eleven equal quarterly installments beginning on September 20, 2023.
F7 The remaining RSUs vest in 15 equal quarterly installments beginning on September 20, 2023.
F8 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F9 The remaining RSUs vest in six equal quarterly installments beginning on September 20, 2023.
F10 The remaining RSUs vest in two equal quarterly installments beginning on September 20, 2023.
F11 The shares are held of record by a family trust for which the reporting person serves as a trustee.
F12 The shares are held of record by the Emerald GST Non-Exempt Trust.
F13 The shares are held of record by the Sapphire GST Non-Exempt Trust.
F14 The shares are held of record by an additional family trust.