David B. Wells - Mar 15, 2022 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: Mar 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/17/2022, 07:14 PM
Previous filing: Feb 4, 2022
Next filing: May 27, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIMS	Class A Common Stock	Options Exercise		+10K	+2.51%		410K	Mar 15, 2022	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	-17	-7.98%	$0.00	196	Mar 15, 2022	Class A Common Stock	17	Direct	F1, F2
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-894	-8.34%	$0.00	9.83K	Mar 15, 2022	Class A Common Stock	894	Direct	F1, F2
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-9.13K	-8.33%	$0.00	100K	Mar 15, 2022	Class A Common Stock	9.13K	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.
F2	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 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 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 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.