Navam Welihinda - Jun 20, 2024 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Chief Financial Officer
Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Jun 20, 2024
Transactions value $
-$607,715
Form type
4
Date filed
6/24/2024, 04:35 PM
Previous filing
May 23, 2024
Next filing
Jun 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +28.2K +29.82% 123K Jun 20, 2024 Direct F1, F2
transaction HCP Class A Common Stock Conversion of derivative security +7.57K +6.17% 130K Jun 20, 2024 Direct F3
transaction HCP Class A Common Stock Sale -$608K -18.3K -14.04% $33.26 112K Jun 20, 2024 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 -5.94K -14.29% $0.00 35.6K Jun 20, 2024 Class A Common Stock 5.94K Direct F1, F6
transaction HCP Restricted Stock Units Options Exercise $0 -3.36K -12.5% $0.00 23.5K Jun 20, 2024 Class A Common Stock 3.36K Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -8.51K -8.33% $0.00 93.6K Jun 20, 2024 Class A Common Stock 8.51K Direct F1, F8
transaction HCP Restricted Stock Units Options Exercise $0 -10.4K -6.25% $0.00 155K Jun 20, 2024 Class A Common Stock 10.4K Direct F1, F9
transaction HCP Restricted Stock Units Options Exercise $0 -7.57K -33.33% $0.00 15.1K Jun 20, 2024 Class B Common Stock 7.57K Direct F10, F11
transaction HCP Class B Common Stock Options Exercise $0 +7.57K +13.75% $0.00 62.6K Jun 20, 2024 Class A Common Stock 7.57K Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -7.57K -12.09% $0.00 55K Jun 20, 2024 Class A Common Stock 7.57K 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 Includes 500 shares of Class A Common Stock acquired under the Issuer's Employee Stock Purchase Plan on June 15, 2024.
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 $33.105 to $33.335, 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 six equal quarterly installments beginning on September 20, 2024.
F7 The remaining RSUs vest in seven equal quarterly installments beginning on September 20, 2024.
F8 The remaining RSUs vest in 11 equal quarterly installments beginning on September 20, 2024.
F9 The RSUs vest in 15 equal quarterly installments beginning on September 20, 2024.
F10 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F11 The remaining RSUs vest in two equal quarterly installments beginning on September 20, 2024.