Armon Dadgar - Sep 20, 2024 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Sep 20, 2024
Transactions value $
-$770,866
Form type
4
Date filed
9/23/2024, 05:41 PM
Previous filing
Sep 4, 2024
Next filing
Sep 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCP Class A Common Stock Options Exercise +38K +163.52% 61.2K Sep 20, 2024 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +6.49K +10.6% 67.7K Sep 20, 2024 Direct F2
transaction HCP Class A Common Stock Sale -$771K -22.8K -33.64% $33.84 44.9K Sep 20, 2024 Direct F3, F4
holding HCP Class A Common Stock 1.52M Sep 20, 2024 See footnote F5
holding HCP Class A Common Stock 283K Sep 20, 2024 See footnote F6
holding HCP Class A Common Stock 90.4K Sep 20, 2024 See footnote F7

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 -17.8K -16.67% $0.00 89.1K Sep 20, 2024 Class A Common Stock 17.8K Direct F1, F8
transaction HCP Restricted Stock Units Options Exercise $0 -2.94K -14.28% $0.00 17.6K Sep 20, 2024 Class A Common Stock 2.94K Direct F1, F9
transaction HCP Restricted Stock Units Options Exercise $0 -8.96K -9.09% $0.00 89.6K Sep 20, 2024 Class A Common Stock 8.96K Direct F1, F10
transaction HCP Restricted Stock Units Options Exercise $0 -8.28K -6.67% $0.00 116K Sep 20, 2024 Class A Common Stock 8.28K Direct F1, F11
transaction HCP Restricted Stock Units Options Exercise $0 -6.49K -50% $0.00 6.49K Sep 20, 2024 Class B Common Stock 6.49K Direct F12, F13
transaction HCP Class B Common Stock Options Exercise $0 +6.49K +1.35% $0.00 487K Sep 20, 2024 Class A Common Stock 6.49K Direct F2
transaction HCP Class B Common Stock Conversion of derivative security $0 -6.49K -1.33% $0.00 481K Sep 20, 2024 Class A Common Stock 6.49K Direct F2
holding HCP Class B Common Stock 12.3M Sep 20, 2024 Class A Common Stock 12.3M See footnote F2, F5
holding HCP Class B Common Stock 2.06M Sep 20, 2024 Class A Common Stock 2.06M See footnote F2, F6
holding HCP Class B Common Stock 601K Sep 20, 2024 Class A Common Stock 601K See footnote F2, F7
* 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 $33.75 to $33.95, 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 shares are held of record by the Armon Dadgar 2020 Charitable Trust.
F6 The shares are held of record by the Armon Memaran-Dadgar Living Trust for which the reporting person serves as trustee.
F7 The shares are held of record by Black Swan III, LLC which the reporting person controls.
F8 The remaining RSUs vest in four equal quarterly installments beginning on December 20, 2024.
F9 The remaining RSUs vest in six equal quarterly installments beginning on December 20, 2024.
F10 The remaining RSUs vest in 10 equal quarterly installments beginning on December 20, 2024.
F11 The RSUs vest in 14 equal quarterly installments beginning on December 20, 2024.
F12 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F13 The remaining RSUs vest on December 20, 2024.