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

Role: Chief Marketing Officer
Signature: /s/ Alexandra Cotter Wilkins, Attorney-in-Fact
Issuer symbol: HIMS
Transactions as of: 15 Sep 2023
Net transactions value: -$197,181
Form type: 4
Filing time: 19 Sep 2023, 14:09:51 UTC
Previous filing: 20 Jun 2023
Next filing: 19 Dec 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		+57,149	+41%		198,161	15 Sep 2023	Direct	F1
transaction	HIMS	Class A Common Stock	Tax liability	$197,181	-31,249	-16%	$6.31	166,912	15 Sep 2023	Direct	F2

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	-15,000	-12%	$0.000000	105,000	15 Sep 2023	Class A Common Stock	15,000		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-9,356	-9.1%	$0.000000	93,563	15 Sep 2023	Class A Common Stock	9,356		Direct	F1, F4
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-16,496	-7.7%	$0.000000	197,947	15 Sep 2023	Class A Common Stock	16,496		Direct	F1, F5
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-16,297	-6.7%	$0.000000	228,162	15 Sep 2023	Class A Common Stock	16,297		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 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 insubstantially 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.
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 each Company Quarterly Vesting Date occurring on or after June 15, 2022.
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 December 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, 2023.