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

Role: Chief Financial Officer
Signature: /s/ Stewart Ellis
Issuer symbol: HIPO
Transactions as of: 12 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 15 Apr 2022, 10:27:13 UTC
Previous filing: 12 Nov 2021
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	+665,500	+19%	$0.000000	4,143,793	12 Apr 2022	Direct	F1, F2
holding	HIPO	Common Stock						258,378	12 Apr 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	+2,684,121		$0.000000	2,684,121	12 Apr 2022	Common Stock	2,684,121	$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.