Ledger Susan St. - 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 $
-$752,346
Form type
4
Date filed
9/23/2024, 05:42 PM
Previous 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 +29.91% 190K Sep 20, 2024 Direct F1
transaction HCP Class A Common Stock Sale -$752K -22.2K -11.7% $33.84 168K Sep 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 -12.5% $0.00 306K Sep 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 $33.75 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.
F4 The remaining RSUs vest in seven equal quarterly installments beginning on December 20, 2024.