Irene Becklund - 15 Mar 2022 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role: PAO
Signature: /s/ Soleil Boughton, Attorney-in-Fact
Issuer symbol: HIMS
Transactions as of: 15 Mar 2022
Net transactions value: -$22,776
Form type: 4
Filing time: 17 Mar 2022, 19:13:16 UTC
Previous filing: 02 Mar 2022
Next filing: 16 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIMS	Class A Common Stock	Options Exercise		+13,913	+126%		24,915	15 Mar 2022	Direct	F1
transaction	HIMS	Class A Common Stock	Tax liability	$22,776	-5,248	-21%	$4.34	19,667	15 Mar 2022	Direct	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	HIMS	Restricted Stock Unit	Options Exercise	$0	-9	-8.3%	$0.000000	99	15 Mar 2022	Class A Common Stock	9		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-415	-7.7%	$0.000000	4,985	15 Mar 2022	Class A Common Stock	415	$0.000000	Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-138	-7.7%	$0.000000	1,662	15 Mar 2022	Class A Common Stock	138		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-2,688	-7.7%	$0.000000	32,252	15 Mar 2022	Class A Common Stock	2,688		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-3	-8.3%	$0.000000	33	15 Mar 2022	Class A Common Stock	3	$0.000000	Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-4,246	-7.7%	$0.000000	50,961	15 Mar 2022	Class A Common Stock	4,246		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-4	-20%	$0.000000	16	15 Mar 2022	Class A Common Stock	4		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-160	-17%	$0.000000	802	15 Mar 2022	Class A Common Stock	160		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-6,250	-33%	$0.000000	12,500	15 Mar 2022	Class A Common Stock	6,250		Direct	F1, F5

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

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU.
F2	The shares of Class A Common Stock were withheld by the issuer to cover tax withholding obligations in connection with the reported vesting and settlement of RSUs.
F3	The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a four-year period, with 6.25% of the RSUs vesting on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date") occurring on or after June 15, 2021, subject to the Reporting Person's continuous service with the issuer.
F4	The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a four-year period, with 25% of the RSUs vesting on the first Company Quarterly Vesting Date occurring on or following the one-year anniversary of June 15, 2020 and the remaining 75% vest in equal quarterly installments over the following three years, on each Company Quarterly Vesting Date, subject to the Reporting Person's continuous service with the issuer.
F5	25% of the RSUs will vest on each of December 15, 2021, March 15, 2022, June 15, 2022, and September 15, 2022, subject to the Reporting Person's continuous service with the issuer through each vesting date.