| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HIMS | Class A Common Stock | Sale | -$81.2K | -9.13K | -2.1% | $8.89 | 426K | Jun 5, 2023 | Direct | F1, F2 |
| transaction | HIMS | Class A Common Stock | Other | $7.5K | +2.5K | +0.59% | $3.00 | 429K | May 19, 2023 | Direct | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 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 $8.79 - $8.985. 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 | The Reporting Person is voluntarily reporting the acquisition of shares of the issuer's common stock pursuant to the Hims & Hers Health, Inc. 2020 Employee Stock Purchase Plan ("ESPP"), for the Purchase Period (as defined in the ESPP) of November 21, 2022 through May 20, 2023. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on May 23, 2022. |