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

Role
Chief Marketing Officer
Signature
/s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Stock symbol
HIMS
Transactions as of
Jun 15, 2023
Transactions value $
-$257,462
Form type
4
Date filed
6/20/2023, 04:58 PM
Previous filing
Mar 17, 2023
Next filing
Sep 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise +57.1K +50.52% 170K Jun 15, 2023 Direct F1, F2
transaction HIMS Class A Common Stock Tax liability -$257K -29.3K -17.18% $8.80 141K Jun 15, 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 -15K -11.11% $0.00 120K Jun 15, 2023 Class A Common Stock 15K Direct F1, F4
transaction HIMS Restricted Stock Unit Options Exercise $0 -9.36K -8.33% $0.00 103K Jun 15, 2023 Class A Common Stock 9.36K Direct F1, F5
transaction HIMS Restricted Stock Unit Options Exercise $0 -16.5K -7.14% $0.00 214K Jun 15, 2023 Class A Common Stock 16.5K Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -16.3K -6.25% $0.00 244K Jun 15, 2023 Class A Common Stock 16.3K Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Chi is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 Includes 937 shares acquired on May 19, 2023, under the Hims & Hers Health, Inc. 2020 Employee Stock Purchase Plan.
F3 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.
F4 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, 2022, and the remaining 75% of the RSUs vesting in substantially equal quarterly installments over the following 3 years, on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date") occurring thereafter.
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 June 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 December 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, 2023.