Navam Welihinda - Sep 12, 2022 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: Sep 12, 2022
Transactions value $: -$386,553
Form type: 4
Date filed: 9/13/2022, 05:08 PM
Previous filing: Jun 22, 2022
Next filing: Sep 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCP	Class A Common Stock	Conversion of derivative security		+12.5K	+93.78%		25.8K	Sep 12, 2022	Direct	F1
transaction	HCP	Class A Common Stock	Sale	-$387K	-12.5K	-48.4%	$30.92	13.3K	Sep 12, 2022	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	Class B Common Stock	Conversion of derivative security	$0	+12.5K	+7.09%	$0.00	189K	Sep 12, 2022	Class A Common Stock	12.5K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 21, 2022.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.67 to $31.42, 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.