Oluyemi Okupe - 15 Mar 2023 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role: Chief Financial Officer
Signature: /s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Issuer symbol: HIMS
Transactions as of: 15 Mar 2023
Net transactions value: -$922,146
Form type: 4
Filing time: 17 Mar 2023, 16:15:36 UTC
Previous filing: 17 Mar 2023
Next filing: 20 Mar 2023
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		+209,580	+2794%		217,080	15 Mar 2023	Direct	F1
transaction	HIMS	Class A Common Stock	Tax liability	$922,146	-102,347	-47%	$9.01	114,733	15 Mar 2023	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	-209,580	-25%	$0.000000	628,743	15 Mar 2023	Class A Common Stock	209,580		Direct	F3

* 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 4-year period, with 25% of the RSUs vesting on March 15, 2023, and the remaining 75% of the Company RSUs vesting in substantially equal quarterly installments over the following 3 years, on the specified Company Quarterly Vesting Dates of March 15, June 15, September 15 and December 15 occurring thereafter.