Glenn Solomon - Sep 6, 2023 Form 4 Insider Report for HashiCorp, Inc. (HCP)

Role
Director
Signature
/s/ Glenn Solomon
Stock symbol
HCP
Transactions as of
Sep 6, 2023
Transactions value $
$0
Form type
4
Date filed
9/8/2023, 09:47 PM
Previous filing
Jun 30, 2023
Next filing
Sep 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 $0 +1.05M $0.00 1.05M Sep 6, 2023 By GGV Capital V L.P. F1, F2
transaction HCP Class A Common Stock Conversion of derivative security $0 +38.5K $0.00 38.5K Sep 6, 2023 By GGV Capital V Entrepreneurs Fund L.P. F1, F3
transaction HCP Class A Common Stock Other $0 -1.05M -100% $0.00* 0 Sep 6, 2023 By GGV Capital V L.P. F2, F4
transaction HCP Class A Common Stock Other $0 -38.5K -100% $0.00* 0 Sep 6, 2023 By GGV Capital V Entrepreneurs Fund L.P. F3, F5
transaction HCP Class A Common Stock Other $0 +243K +209.97% $0.00 358K Sep 6, 2023 By GGV Capital V L.L.C. F6, F7
transaction HCP Class A Common Stock Other $0 -213K -59.49% $0.00 145K Sep 6, 2023 By GGV Capital V L.L.C. F7, F8
transaction HCP Class A Common Stock Other $0 +31.5K +10.09% $0.00 344K Sep 6, 2023 By Family Trust F9, F10
transaction HCP Class A Common Stock Other $0 +2.74K +10.09% $0.00 29.9K Sep 6, 2023 By Family Trust F9, F10
holding HCP Class A Common Stock 477K Sep 6, 2023 By GGV Capital Select L.P. F11
holding HCP Class A Common Stock 363 Sep 6, 2023 By GGV Capital LLC F12
holding HCP Class A Common Stock 7.33K Sep 6, 2023 Direct F13

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 -1.05M -9.09% 10.5M Sep 6, 2023 Class A Common Stock 1.05M By GGV Capital V L.P. F1, F2, F14
transaction HCP Class B Common Stock Conversion of derivative security -38.5K -9.09% 385K Sep 6, 2023 Class A Common Stock 38.5K By GGV Capital V Entrepreneurs Fund L.P. F1, F3, F14
holding HCP Class B Common Stock 6.28M Sep 6, 2023 Class A Common Stock 6.28M By GGV Capital Select L.P. F11, F14
holding HCP Class B Common Stock 864K Sep 6, 2023 Class A Common Stock 864K By GGV VII Investments, L.L.C. F14, F15
holding HCP Class B Common Stock 836K Sep 6, 2023 Class A Common Stock 836K By GGV VII Plus Investments L.L.C. F14, F16
* 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"). As a managing member of GGV Capital V L.L.C. ("GGV V LLC"), the general partner of GGV V LP, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV V LP. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F3 The shares are held of record by GGV Capital V Entrepreneurs Fund L.P. ("GGV Entrepreneurs"). As a managing member of GGV V LLC, the general partner of GGV Entrepreneurs, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Entrepreneurs. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his 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. As a managing member of GGV V LLC, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV V LLC. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
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 Represents receipt of shares in the distributions in kind described in footnotes (4) and (8).
F10 The shares are held of record by a family trust, as a trustee, the Reporting Person may be deemed to have voting and dispositive power over these shares. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.
F11 The shares are held of record by GGV Capital Select L.P. ("GGV Select LP"). As a managing member of GGV Capital Select L.L.C. ("GGV Select LLC"), the general partner of GGV Select LP, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Select LP. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F12 The shares are held of record by GGV LLC, as a managing member of GGV LLC, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV LLC. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F13 The Reporting Person holds these shares as nominee for GGV Capital LLC and disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.
F14 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.
F15 The shares are held of record by GGV VII Investments, L.L.C. ("GGV VII Investments"). As a managing member of GGV Capital VII L.L.C. ("GGV Capital VII"), the manager of GGV VII Investments, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV VII Investments. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F16 The shares are held of record by GGV VII Plus Investments, L.L.C. ("GGV Plus Investments"). As a managing member of GGV Capital VII Plus L.L.C. ("GGV Capital VII Plus"), the manager of GGV Plus Investments, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Plus Investments. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein