DAVID B. WELLS - 15 Dec 2023 Form 4 Insider Report for Hims & Hers Health, Inc. (HIMS)

Role: Director
Signature: /s/ Carly Larson, Attorney-in-Fact
Issuer symbol: HIMS
Transactions as of: 15 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 19 Dec 2023, 16:55:36 UTC
Previous filing: 19 Sep 2023
Next filing: 01 Mar 2024
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		+10,045	+2.5%		406,195	15 Dec 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-9,133	-20%	$0.000000	36,535	15 Dec 2023	Class A Common Stock	9,133	Direct	F1, F2
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-894	-20%	$0.000000	3,574	15 Dec 2023	Class A Common Stock	894	Direct	F1, F2
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-18	-20%	$0.000000	71	15 Dec 2023	Class A Common Stock	18	Direct	F1, F2

* 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 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 the first Company Quarterly Vesting Date (as defined below) occurring on or after the one-year anniversary of December 15, 2020. The remaining 75% vest in 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").

Content

The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU.

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 the first Company Quarterly Vesting Date (as defined below) occurring on or after the one-year anniversary of December 15, 2020. The remaining 75% vest in 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").