Melissa Baird - Feb 24, 2022 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role: Chief Operating Officer
Signature: /s/ Soleil Boughton, Attorney-in-Fact
Stock symbol: HIMS
Transactions as of: Feb 24, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/28/2022, 07:55 PM
Previous filing: Dec 17, 2021
Next filing: Mar 16, 2022

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	HIMS	Restricted Stock Unit	Award	$0	+299K		$0.00	299K	Feb 24, 2022	Class A Common Stock	299K		Direct	F1
transaction	HIMS	Stock Option (right to buy)	Award	$0	+1.66M		$0.00	1.66M	Feb 24, 2022	Class A Common Stock	1.66M	$5.01	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments over 4 years, with 6.25% of the RSUs vesting on each of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), beginning March 15, 2022, subject to the individual's continuous service with the Company.
F2	The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period with 1/48th of the options vesting on March 24, 2022 and 1/48th of the options vesting monthly thereafter, subject to the Reporting Person's continuous service with the issuer.

Content

The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments over 4 years, with 6.25% of the RSUs vesting on each of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), beginning March 15, 2022, subject to the individual's continuous service with the Company.

The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period with 1/48th of the options vesting on March 24, 2022 and 1/48th of the options vesting monthly thereafter, subject to the Reporting Person's continuous service with the issuer.