Simon Fleming-Wood - Apr 12, 2022 Form 4 Insider Report for Hippo Holdings Inc. (HIPO)

Role
Chief Marketing Officer
Signature
/s/ Stewart Ellis, as Attorney-in-Fact for Simon Fleming-Wood
Stock symbol
HIPO
Transactions as of
Apr 12, 2022
Transactions value $
$0
Form type
4
Date filed
4/15/2022, 10:24 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 -388K -39.91% $0.00 585K 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 +1.57M $0.00 1.57M Apr 12, 2022 Common Stock 1.57M $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 577,136 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.