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

Role
PAO
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Issuer symbol
HIMS
Transactions as of
15 Jun 2023
Net transactions value
-$60,870
Form type
4
Filing time
20 Jun 2023, 16:54:08 UTC
Previous filing
08 May 2023
Next filing
21 Jun 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 +19,908 19,908 15 Jun 2023 Direct F1
transaction HIMS Class A Common Stock Tax liability $56,795 -6,454 -32% $8.80 13,454 15 Jun 2023 Direct F2
transaction HIMS Class A Common Stock Options Exercise $990 +566 +4.2% $1.75* 14,020 16 Jun 2023 Direct F3
transaction HIMS Class A Common Stock Sale $5,066 -566 -4% $8.95 13,454 16 Jun 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 -4,065 -6.2% $0.000000 60,990 15 Jun 2023 Class A Common Stock 4,065 Direct F1, F4
transaction HIMS Restricted Stock Unit Options Exercise $0 -2,291 -7.7% $0.000000 27,492 15 Jun 2023 Class A Common Stock 2,291 Direct F1, F5
transaction HIMS Restricted Stock Unit Options Exercise $0 -4,019 -8.3% $0.000000 44,212 15 Jun 2023 Class A Common Stock 4,019 $0.000000 Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -1,871 -8.3% $0.000000 20,584 15 Jun 2023 Class A Common Stock 1,871 Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -2,687 -12% $0.000000 18,814 15 Jun 2023 Class A Common Stock 2,687 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -4,247 -13% $0.000000 29,727 15 Jun 2023 Class A Common Stock 4,247 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -2 -9.1% $0.000000 20 15 Jun 2023 Class A Common Stock 2 $0.000000 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -8 -12% $0.000000 58 15 Jun 2023 Class A Common Stock 8 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -415 -12% $0.000000 2,908 15 Jun 2023 Class A Common Stock 415 $0.000000 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -138 -12% $0.000000 970 15 Jun 2023 Class A Common Stock 138 Direct F1, F7
transaction HIMS Restricted Stock Unit Options Exercise $0 -4 -100% $0.000000* 0 15 Jun 2023 Class A Common Stock 4 Direct F1, F8
transaction HIMS Restricted Stock Unit Options Exercise $0 -161 -100% $0.000000* 0 15 Jun 2023 Class A Common Stock 161 Direct F1, F8
transaction HIMS Stock Option (right to buy) Options Exercise $0 -566 -100% $0.000000* 0 16 Jun 2023 Class A Common Stock 566 $1.75 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.