Navam Welihinda - Jun 9, 2023 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: Jun 9, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/13/2023, 05:05 PM
Previous filing: Apr 3, 2023
Next filing: Jun 22, 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		+50K	+636.86%		57.9K	Jun 9, 2023	Direct	F1

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	Employee Stock Option (right to buy)	Options Exercise	$0	-50K	-30.63%	$0.00	113K	Jun 9, 2023	Class B Common Stock	50K	$0.23	Direct	F2
transaction	HCP	Class B Common Stock	Options Exercise	$0	+50K	+52.62%	$0.00	145K	Jun 9, 2023	Class A Common Stock	50K	$0.23	Direct	F1
transaction	HCP	Class B Common Stock	Conversion of derivative security	$0	-50K	-34.48%	$0.00	95K	Jun 9, 2023	Class A Common Stock	50K		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 shares underlying the option are fully vested and immediately exercisable.