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

Role
Chief Financial Officer
Signature
/s/ Stewart Ellis
Stock symbol
HIPO
Transactions as of
Apr 12, 2022
Transactions value $
$0
Form type
4
Date filed
4/15/2022, 10:27 AM
Previous filing
Nov 12, 2021
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 +19.13% $0.00 4.14M Apr 12, 2022 Direct F1, F2
holding HIPO Common Stock 258K Apr 12, 2022 See footnote F4

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 1,010,968 RSUs.
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
F4 Shares held by Preservation Trust Company, Inc., Trustee of the Desertfish Nevada Trust.