Andrew Dudum - Mar 1, 2023 Form 4/A - Amendment Insider Report for Hims & Hers Health, Inc. (HIMS)

Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
Mar 1, 2023
Transactions value $
-$348,746
Form type
4/A - Amendment
Date filed
3/17/2023, 04:17 PM
Date Of Original Report
Mar 3, 2023
Previous filing
Dec 19, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise $89K +36.6K +10.45% $2.43 387K Mar 1, 2023 Direct F1
transaction HIMS Class A Common Stock Sale -$438K -36.6K -9.46% $11.95 351K Mar 1, 2023 Direct F1, F2
holding HIMS Class A Common Stock 1.5K Mar 1, 2023 Held by Trustees of Richard M. Dudum Irrevocable 1 U/A dtd 10/15/1997
holding HIMS Class A Common Stock 81.1K Mar 1, 2023 Held by Trustee of Dudum Family Community Property Trust
holding HIMS Class A Common Stock 700K Mar 1, 2023 Held by Trustee of AD 2022 GRAT
holding HIMS Class A Common Stock 360K Mar 1, 2023 Held by Trustee of Andrew Dudum 2015 Trust Dated July 2, 2015
holding HIMS Class A Common Stock 1.7M Mar 1, 2023 Held by Trustee of AD 2022 GRAT 3
holding HIMS Class A Common Stock 2.87M Mar 1, 2023 Held by Trustee of Dudum Family Heritage Trust UAD 8-10-2021
holding HIMS Class A Common Stock 661K Mar 1, 2023 Held by Trustee of AD 2021 GRAT 2 dated 11-1-2021
holding HIMS Class A Common Stock 2.64M Mar 1, 2023 Held by Trustee of AD 2021 GRAT dated 11-1-2021
holding HIMS Class A Common Stock 1.05M Mar 1, 2023 Held by Trustee of AD 2022 GRAT 2 dated 9/7/2022
holding HIMS Class A Common Stock 1.12M Mar 1, 2023 Held by Trustee of the AD GRAT dated 8/31/20

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 Stock Option (right to buy) Options Exercise $0 -36.6K -1.13% $0.00 3.21M Mar 1, 2023 Class A Common Stock 36.6K $2.43 Direct F3
transaction HIMS Restricted Stock Unit Award $0 +567K $0.00 567K Mar 1, 2023 Class A Common Stock 567K $0.00 Direct F4
transaction HIMS Stock Option (right to buy) Award $0 +214K $0.00 214K Mar 1, 2023 Class A Common Stock 214K $11.53 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercises and related sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 3, 2022 by the Reporting Person.
F2 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $11.95 - $12.02. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F3 Prior to the Company's business combination transaction in 2021, the option represented the right to purchase 7,166,182 shares of Hims, Inc. with an exercise price of $1.10. Following the Company's business combination transaction in 2021, the option converted into the right to purchase 3,246,139 shares of the Company with an exercise price of $2.43. 100% of the shares subject to the option vested upon certain specified thresholds met in 2021.
F4 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 on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), with the first such vesting date on June 15, 2023.
F5 The exercise price of the options awarded has been adjusted from the original filing due to administrative error.
F6 The options are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 1/48th of the options vesting monthly, beginning on April 1, 2023.