Ledger Susan St. - Jun 20, 2024 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
President, Worldwide Field Ops, Director
Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Jun 20, 2024
Transactions value $
-$743,902
Form type
4
Date filed
6/24/2024, 04:37 PM
Previous filing
Jun 13, 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 +43.7K +35.94% 165K Jun 20, 2024 Direct F1
transaction HCP Class A Common Stock Sale -$744K -22.4K -13.52% $33.26 143K Jun 20, 2024 Direct F2, F3

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 -43.7K -11.11% $0.00 350K Jun 20, 2024 Class A Common Stock 43.7K Direct F1, F4
* 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 The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
F3 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.
F4 The remaining RSUs vest in eight equal quarterly installments beginning on September 20, 2024.