Brandon Sweeney - 20 Jun 2023 Form 4 Insider Report for HashiCorp, Inc.

Role
Chief Revenue Officer
Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
N/A
Transactions as of
20 Jun 2023
Net transactions value
-$897,714
Form type
4
Filing time
22 Jun 2023, 20:21:45 UTC
Previous filing
02 Jun 2023
Next filing
28 Nov 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 +11,197 +9% 135,897 20 Jun 2023 Direct F1, F2
transaction HCP Class A Common Stock Conversion of derivative security +54,325 +40% 190,222 21 Jun 2023 Direct F3
transaction HCP Class A Common Stock Sale $897,714 -33,887 -18% $26.49 156,335 21 Jun 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 -3,360 -8.3% $0.000000 36,963 20 Jun 2023 Class A Common Stock 3,360 Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -7,837 -6.2% $0.000000 117,567 20 Jun 2023 Class A Common Stock 7,837 Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -4,325 -14% $0.000000 25,950 20 Jun 2023 Class B Common Stock 4,325 Direct F8, F9
transaction HCP Restricted Stock Units Options Exercise $0 -50,000 -33% $0.000000 100,000 20 Jun 2023 Class B Common Stock 50,000 Direct F8, F10
transaction HCP Class B Common Stock Options Exercise $0 +54,325 +22% $0.000000 296,225 20 Jun 2023 Class A Common Stock 54,325 Direct F3
transaction HCP Class B Common Stock Conversion of derivative security $0 -54,325 -18% $0.000000 241,900 21 Jun 2023 Class A Common Stock 54,325 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 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 $26.24 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 fifteen 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.