Richard McCathron - Apr 12, 2022 Form 4 Insider Report for Hippo Holdings Inc. (HIPO)

Role: President, Director
Signature: /s/ Stewart Ellis, as Attorney-in-Fact for Richard McCathron
Stock symbol: HIPO
Transactions as of: Apr 12, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/15/2022, 10:21 AM
Previous filing: Feb 17, 2022
Next filing: May 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIPO	Common Stock	Award	$0	+666K	+21.39%	$0.00	3.78M	Apr 12, 2022	Direct	F1, 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	HIPO	Stock Option (Right to Buy)	Award	$0	+2.68M		$0.00	2.68M	Apr 12, 2022	Common Stock	2.68M	$1.90	Direct	F3

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

Explanation of Responses:

Id	Content
F1	The Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 25% of the RSUs shall vest as to 1/4th on each quarterly anniversary of February 15, 2022 and 75% of the remaining RSUs shall vest as to 1/4th on each quarterly anniversary thereafter, subject to the Reporting Person's continued service to the issuer.
F2	Includes 989,376 restricted stock units.
F3	1/16th of the shares underlying the option vest on each quarterly anniversary measured from February 15, 2022 for the first four quarters, and 3/16th of the shares shall vest quarterly thereafter for the remaining four quarters, subject to the Reporting Person continuing to provide services to the Issuer through the applicable vesting date.