David B. Wells - Dec 15, 2021 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role: Director
Signature: /s/ Soleil Boughton, Attorney-in-Fact
Stock symbol: HIMS
Transactions as of: Dec 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/17/2021, 08:27 PM
Previous filing: Aug 30, 2021
Next filing: Feb 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIMS	Class A Common Stock	Options Exercise		+40.2K	+11.16%		400K	Dec 15, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-36.5K	-25%	$0.00	110K	Dec 15, 2021	Class A Common Stock	36.5K	Direct	F1, F2
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-3.57K	-24.99%	$0.00	10.7K	Dec 15, 2021	Class A Common Stock	3.57K	Direct	F1, F2
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-71	-25%	$0.00	213	Dec 15, 2021	Class A Common Stock	71	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The RSUs represent a contingent right to receive one share of Class A Common Stock for each RSU. The shares were issued pursuant to vested RSUs released on December 15, 2021.
F2	The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 25% of the RSUs vesting on the first Company Quarterly Vesting Date occurring on or following the one-year anniversary of December 15, 2020. The remaining 75% vest in equal quarterly installments over the following 3 years, on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), subject to the Reporting Person's continuous service with the Company.

Content

The RSUs represent a contingent right to receive one share of Class A Common Stock for each RSU. The shares were issued pursuant to vested RSUs released on December 15, 2021.

The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 25% of the RSUs vesting on the first Company Quarterly Vesting Date occurring on or following the one-year anniversary of December 15, 2020. The remaining 75% vest in equal quarterly installments over the following 3 years, on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), subject to the Reporting Person's continuous service with the Company.