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

Role: Chief Financial Officer
Signature: /s/ Carly Larson, Attorney-in-Fact
Issuer symbol: HIMS
Transactions as of: 15 Dec 2023
Net transactions value: -$321,286
Form type: 4
Filing time: 19 Dec 2023, 16:56:55 UTC
Previous filing: 22 Nov 2023
Next filing: 21 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		+70,730	+49%		215,014	15 Dec 2023	Direct	F1
transaction	HIMS	Class A Common Stock	Tax liability	$321,286	-38,022	-18%	$8.45	176,992	15 Dec 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	-52,395	-10%	$0.000000	471,557	15 Dec 2023	Class A Common Stock	52,395		Direct	F1, F3
transaction	HIMS	Restricted Stock Unit	Options Exercise	$0	-18,335	-7.1%	$0.000000	238,347	15 Dec 2023	Class A Common Stock	18,335		Direct	F1, F4

* 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 the RSUs vesting 25% on March 15, 2023, and the remaining 75% 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").
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, 2023.