Marc Holmes - Sep 20, 2023 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Chief Marketing Officer
Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Sep 20, 2023
Transactions value $
-$2,134,016
Form type
4
Date filed
9/22/2023, 08:56 PM
Previous filing
Jun 22, 2023
Next filing
Oct 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +8.19K +21% 47.2K Sep 20, 2023 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +8.65K +18.33% 55.8K Sep 21, 2023 Direct F2
transaction HCP Class A Common Stock Sale -$148K -6.42K -11.5% $23.08 49.4K Sep 21, 2023 Direct F3, F4
transaction HCP Class A Common Stock Conversion of derivative security +42.4K +85.81% 91.8K Sep 22, 2023 Direct F2
transaction HCP Class A Common Stock Sale -$1.99M -85.7K -93.29% $23.18 6.16K Sep 22, 2023 Direct F5, F6

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 -1.47K -9.09% $0.00 14.7K Sep 20, 2023 Class A Common Stock 1.47K Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -6.72K -6.67% $0.00 94.1K Sep 20, 2023 Class A Common Stock 6.72K Direct F1, F8
transaction HCP Restricted Stock Units Options Exercise $0 -8.65K -16.67% $0.00 43.3K Sep 20, 2023 Class B Common Stock 8.65K Direct F9, F10
transaction HCP Class B Common Stock Options Exercise $0 +8.65K +30.36% $0.00 37.1K Sep 20, 2023 Class A Common Stock 8.65K Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -8.65K -23.29% $0.00 28.5K Sep 21, 2023 Class A Common Stock 8.65K Direct F2
transaction HCP Employee Stock Option (right to buy) Options Exercise $0 -13.9K -4.62% $0.00 287K Sep 22, 2023 Class B Common Stock 13.9K $5.32 Direct F11
transaction HCP Class B Common Stock Options Exercise $0 +13.9K +48.85% $0.00 42.4K Sep 22, 2023 Class A Common Stock 13.9K Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -42.4K -100% $0.00* 0 Sep 22, 2023 Class A Common Stock 42.4K Direct F2
* 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 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.
F3 The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.90 to $23.25, 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 (4) and (6) to this Form 4.
F5 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 23, 2023.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.82 to $23.54, inclusive.
F7 The remaining RSUs vest in ten equal quarterly installments beginning on December 20, 2023.
F8 The remaining RSUs vest in 14 equal quarterly installments beginning on December 20, 2023.
F9 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F10 The remaining RSUs vest in five equal quarterly installments beginning on December 20, 2023.
F11 Shares subject to the option are fully vested and immediately exercisable.