GGV Capital V L.L.C. - Dec 19, 2022 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
10%+ Owner
Signature
GGV Capital V L.L.C., by /s/ Glenn Solomon, Managing Director
Stock symbol
HCP
Transactions as of
Dec 19, 2022
Transactions value $
$0
Form type
4
Date filed
12/21/2022, 03:22 PM
Previous filing
Dec 12, 2022
Next filing
Mar 15, 2023

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 $0 +1.57M $0.00 1.57M Dec 19, 2022 By GGV Capital V L.P. F1, F2
transaction HCP Class A Common Stock Conversion of derivative security $0 +57.8K $0.00 57.8K Dec 19, 2022 By GGV Capital V Entrepreneurs Fund L.P. F1, F3
transaction HCP Class A Common Stock Other $0 -1.57M -100% $0.00* 0 Dec 19, 2022 By GGV Capital V L.P. F2, F4
transaction HCP Class A Common Stock Other $0 -57.8K -100% $0.00* 0 Dec 19, 2022 By GGV Capital V Entrepreneurs Fund L.P. F3, F5
transaction HCP Class A Common Stock Other $0 +343K +347.62% $0.00 442K Dec 19, 2022 Direct F6, F7
transaction HCP Class A Common Stock Other $0 -301K -68.09% $0.00 141K Dec 19, 2022 Direct F7, F8

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 -1.57M -9.09% 15.7M Dec 19, 2022 Class A Common Stock 1.57M By GGV Capital V L.P. F1, F2, F9
transaction HCP Class B Common Stock Conversion of derivative security -57.8K -9.09% 578K Dec 19, 2022 Class A Common Stock 57.8K By GGV Capital V Entrepreneurs Fund L.P. F1, F3, F9
* 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 was converted into one share of Class A Common Stock for no additional consideration at the option of the Reporting Person and had no expiration date.
F2 The shares are held of record by GGV Capital V L.P. ("GGV V LP"). GGV Capital V L.L.C. ("GGV V LLC") serves as the general partner of GGV V LP and may be deemed to have voting and dispositive power over the shares held by GGV V LP. GGV V LLC disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
F3 The shares are held of record by GGV Capital V Entrepreneurs Fund L.P. ("GGV Entrepreneurs"). GGV V LLC serves as the general partner of GGV Entrepreneurs and may be deemed to have voting and dispositive power over the shares held by GGV Entrepreneurs. GGV V LLC disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
F4 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by GGV V LP to its general partner and limited partners without additional consideration.
F5 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by GGV Entrepreneurs to its limited partners without additional consideration.
F6 Represents receipt of shares in the distribution in kind described in footnote (4).
F7 The shares are held of record by GGV V LLC.
F8 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by GGV V LLC to its members without additional consideration.
F9 Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the Reporting Person's election and has no expiration date.