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

Signature
/s/ Carly Larson, Attorney-in-Fact
Issuer symbol
HIMS
Transactions as of
15 Dec 2023
Net transactions value
-$264,071
Form type
4
Filing time
19 Dec 2023, 16:55:50 UTC
Previous filing
19 Sep 2023
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIMS Class A Common Stock Options Exercise +57,148 +34% 225,027 15 Dec 2023 Direct F1, F2
transaction HIMS Class A Common Stock Tax liability $264,071 -31,251 -14% $8.45 193,776 15 Dec 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 -15,000 -14% $0.000000 90,000 15 Dec 2023 Class A Common Stock 15,000 Direct F1, F4
transaction HIMS Restricted Stock Unit Options Exercise $0 -9,356 -10% $0.000000 84,207 15 Dec 2023 Class A Common Stock 9,356 Direct F1, F5
transaction HIMS Restricted Stock Unit Options Exercise $0 -16,495 -8.3% $0.000000 181,452 15 Dec 2023 Class A Common Stock 16,495 Direct F1, F6
transaction HIMS Restricted Stock Unit Options Exercise $0 -16,297 -7.1% $0.000000 211,865 15 Dec 2023 Class A Common Stock 16,297 Direct F1, F7
* 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 Includes 967 shares acquired on November 20, 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 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.
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.