Sigal Zarmi - 20 Sep 2023 Form 4 Insider Report for HashiCorp, Inc.

Role: Director
Signature: /s/ Paul Warenski, by power of attorney
Issuer symbol: N/A
Transactions as of: 20 Sep 2023
Net transactions value: $0
Form type: 4
Filing time: 22 Sep 2023, 18:12:33 UTC
Previous filing: 01 Aug 2023
Next filing: 06 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCP	Class A Common Stock	Options Exercise		+430	+1.4%		32,006	20 Sep 2023	Direct	F1
transaction	HCP	Class A Common Stock	Conversion of derivative security		+3,125	+9.8%		35,131	21 Sep 2023	Direct	F2

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	-430	-50%	$0.000000	430	20 Sep 2023	Class A Common Stock	430		Direct	F1, F3
transaction	HCP	Restricted Stock Units	Options Exercise	$0	-3,125	-14%	$0.000000	18,750	20 Sep 2023	Class B Common Stock	3,125		Direct	F2, F4
transaction	HCP	Class B Common Stock	Options Exercise	$0	+3,125		$0.000000	3,125	20 Sep 2023	Class A Common Stock	3,125		Direct	F5
transaction	HCP	Class B Common Stock	Conversion of derivative security	$0	-3,125	-100%	$0.000000^*	0	21 Sep 2023	Class A Common Stock	3,125		Direct	F5

* 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 remaining RSUs vest on December 20, 2023.
F4	The remaining RSUs vest in six equal quarterly installments beginning on December 20, 2023.
F5	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.