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

Role: PAO
Signature: /s/ Soleil Boughton, Attorney-in-Fact
Stock symbol: HIMS
Transactions as of: Mar 15, 2022
Transactions value $: -$22,776
Form type: 4
Date filed: 3/17/2022, 07:13 PM
Previous filing: Mar 2, 2022
Next filing: Jun 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIMS	Class A Common Stock	Options Exercise		+13.9K	+126.46%		24.9K	Mar 15, 2022	Direct	F1
transaction	HIMS	Class A Common Stock	Tax liability	-$22.8K	-5.25K	-21.06%	$4.34	19.7K	Mar 15, 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	-8.33%	$0.00	99	Mar 15, 2022	Class A Common Stock	9		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-415	-7.69%	$0.00	4.99K	Mar 15, 2022	Class A Common Stock	415	$0.00	Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-138	-7.67%	$0.00	1.66K	Mar 15, 2022	Class A Common Stock	138		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-2.69K	-7.69%	$0.00	32.3K	Mar 15, 2022	Class A Common Stock	2.69K		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-3	-8.33%	$0.00	33	Mar 15, 2022	Class A Common Stock	3	$0.00	Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-4.25K	-7.69%	$0.00	51K	Mar 15, 2022	Class A Common Stock	4.25K		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-4	-20%	$0.00	16	Mar 15, 2022	Class A Common Stock	4		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-160	-16.63%	$0.00	802	Mar 15, 2022	Class A Common Stock	160		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-6.25K	-33.33%	$0.00	12.5K	Mar 15, 2022	Class A Common Stock	6.25K		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.