Simon Fleming-Wood - 12 Apr 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
Issuer symbol: HIPO
Transactions as of: 12 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 15 Apr 2022, 10:24:30 UTC
Previous filing: 17 Feb 2022
Next filing: 18 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIPO	Common Stock	Award	$0	-388,208	-40%	$0.000000	584,569	12 Apr 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	+1,565,737		$0.000000	1,565,737	12 Apr 2022	Common Stock	1,565,737	$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.