Marc Holmes - 20 Dec 2023 Form 4 Insider Report for HashiCorp, Inc.

Role
Chief Marketing Officer
Signature
/s/ Paul Warenski, by power of attorney
Issuer symbol
N/A
Transactions as of
20 Dec 2023
Net transactions value
-$574,804
Form type
4
Filing time
22 Dec 2023, 16:49:58 UTC
Previous filing
13 Dec 2023
Next filing
27 Dec 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 +55,688 +904% 61,846 20 Dec 2023 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +8,650 +14% 70,496 21 Dec 2023 Direct F2
transaction HCP Class A Common Stock Sale $574,804 -25,180 -36% $22.83 45,316 21 Dec 2023 Direct F3, F4

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 -47,500 -50% $0.000000 47,500 20 Dec 2023 Class A Common Stock 47,500 Direct F1, F5
transaction HCP Restricted Stock Units Options Exercise $0 -1,470 -10% $0.000000 13,232 20 Dec 2023 Class A Common Stock 1,470 Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -6,718 -7.1% $0.000000 87,335 20 Dec 2023 Class A Common Stock 6,718 Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -8,650 -20% $0.000000 34,600 20 Dec 2023 Class B Common Stock 8,650 Direct F8, F9
transaction HCP Class B Common Stock Options Exercise $0 +8,650 $0.000000 8,650 20 Dec 2023 Class A Common Stock 8,650 Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -8,650 -100% $0.000000* 0 21 Dec 2023 Class A Common Stock 8,650 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 $22.675 to $23.2301, 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.
F5 The remaining RSUs vest in eight equal quarterly installments beginning on March 20, 2024.
F6 The remaining RSUs vest in nine equal quarterly installments beginning on March 20, 2024.
F7 The remaining RSUs vest in 13 equal quarterly installments beginning on March 20, 2024.
F8 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F9 The remaining RSUs vest in four equal quarterly installments beginning on March 20, 2024.