Irene Becklund - Jun 15, 2023 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role
PAO
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
Jun 15, 2023
Transactions value $
-$60,870
Form type
4
Date filed
6/20/2023, 04:54 PM
Previous filing
May 8, 2023
Next filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise +19.9K 19.9K Jun 15, 2023 Direct F1
transaction HIMS Class A Common Stock Tax liability -$56.8K -6.45K -32.42% $8.80 13.5K Jun 15, 2023 Direct F2
transaction HIMS Class A Common Stock Options Exercise $991 +566 +4.21% $1.75 14K Jun 16, 2023 Direct F3
transaction HIMS Class A Common Stock Sale -$5.07K -566 -4.04% $8.95 13.5K Jun 16, 2023 Direct F3

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 -4.07K -6.25% $0.00 61K Jun 15, 2023 Class A Common Stock 4.07K Direct F1, F4
transaction HIMS Restricted Stock Unit Options Exercise $0 -2.29K -7.69% $0.00 27.5K Jun 15, 2023 Class A Common Stock 2.29K Direct F1, F5
transaction HIMS Restricted Stock Unit Options Exercise $0 -4.02K -8.33% $0.00 44.2K Jun 15, 2023 Class A Common Stock 4.02K $0.00 Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -1.87K -8.33% $0.00 20.6K Jun 15, 2023 Class A Common Stock 1.87K Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -2.69K -12.5% $0.00 18.8K Jun 15, 2023 Class A Common Stock 2.69K Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -4.25K -12.5% $0.00 29.7K Jun 15, 2023 Class A Common Stock 4.25K Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -2 -9.09% $0.00 20 Jun 15, 2023 Class A Common Stock 2 $0.00 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -8 -12.12% $0.00 58 Jun 15, 2023 Class A Common Stock 8 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -415 -12.49% $0.00 2.91K Jun 15, 2023 Class A Common Stock 415 $0.00 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -138 -12.45% $0.00 970 Jun 15, 2023 Class A Common Stock 138 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -4 -100% $0.00 0 Jun 15, 2023 Class A Common Stock 4 Direct F1, F8
transaction HIMS Restricted Stock Unit Options Exercise $0 -161 -100% $0.00 0 Jun 15, 2023 Class A Common Stock 161 Direct F1, F8
transaction HIMS Stock Option (right to buy) Options Exercise $0 -566 -100% $0.00 0 Jun 16, 2023 Class A Common Stock 566 $1.75 Direct F9

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).

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 stock option exercises and related sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on November 11, 2022 by the Reporting Person.
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 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 each Company Quarterly Vesting Date occurring on or after September 15, 2022.
F6 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 each Company Quarterly Vesting Date occurring on or after June 15, 2022.
F7 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 each Company Quarterly Vesting Date occurring on or after June 15, 2021.
F8 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 June 15, 2021, and the remaining 75% vesting in substantially equal quarterly installments over the following 3 years, on each Company Quarterly Vesting Date occurring thereafter.
F9 The option award is subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 25% of the shares subject to the option award vesting on June 3, 2021 and the remaining 75% vesting in substantially equal monthly installments thereafter.