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

Signature
/s/ Paul Warenski, by power of attorney
Stock symbol
HCP
Transactions as of
Dec 20, 2024
Transactions value $
-$773,612
Form type
4
Date filed
12/23/2024, 04:39 PM
Previous filing
Dec 4, 2024
Next filing
Dec 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 +38K +139.29% 65.3K Dec 20, 2024 Direct F1
transaction HCP Class A Common Stock Conversion of derivative security +6.49K +9.94% 71.8K Dec 20, 2024 Direct F2
transaction HCP Class A Common Stock Tax liability -$774K -22.6K -31.51% $34.22 49.1K Dec 20, 2024 Direct F3
holding HCP Class A Common Stock 1.52M Dec 20, 2024 See footnote F4
holding HCP Class A Common Stock 283K Dec 20, 2024 See footnote F5
holding HCP Class A Common Stock 90.4K Dec 20, 2024 See footnote F6

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 -20% $0.00 71.3K Dec 20, 2024 Class A Common Stock 17.8K Direct F1, F7
transaction HCP Restricted Stock Units Options Exercise $0 -2.94K -16.66% $0.00 14.7K Dec 20, 2024 Class A Common Stock 2.94K Direct F1, F8
transaction HCP Restricted Stock Units Options Exercise $0 -8.96K -10% $0.00 80.6K Dec 20, 2024 Class A Common Stock 8.96K Direct F1, F9
transaction HCP Restricted Stock Units Options Exercise $0 -8.28K -7.14% $0.00 108K Dec 20, 2024 Class A Common Stock 8.28K Direct F1, F10
transaction HCP Restricted Stock Units Options Exercise $0 -6.49K -100% $0.00 0 Dec 20, 2024 Class B Common Stock 6.49K Direct F11, F12
transaction HCP Class B Common Stock Options Exercise $0 +6.49K +1.35% $0.00 487K Dec 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 Dec 20, 2024 Class A Common Stock 6.49K Direct F2
holding HCP Class B Common Stock 12.1M Dec 20, 2024 Class A Common Stock 12.3M See footnote F2, F4
holding HCP Class B Common Stock 2.06M Dec 20, 2024 Class A Common Stock 2.06M See footnote F2, F5
holding HCP Class B Common Stock 601K Dec 20, 2024 Class A Common Stock 601K See footnote F2, F6
* 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 withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
F4 The shares are held of record by the Armon Dadgar 2020 Charitable Trust.
F5 The shares are held of record by the Armon Memaran-Dadgar Living Trust for which the reporting person serves as trustee.
F6 The shares are held of record by Black Swan III, LLC which the reporting person controls.
F7 The remaining RSUs vest in three equal quarterly installments beginning on March 20, 2025.
F8 The remaining RSUs vest in five equal quarterly installments beginning on March 20, 2025.
F9 The remaining RSUs vest in nine equal quarterly installments beginning on March 20, 2025.
F10 The remaining RSUs vest in 13 equal quarterly installments beginning on March 20, 2025.
F11 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F12 All of the RSUs vested on December 20, 2024.